404 E Andrews St.HemingwaySC29554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hemingway at 404 E Andrews St, Hemingway, SC, 29554 at $169,000 posts ROI 29.59% with $452/mo cash flow from $1,458/mo rent. Total monthly income equals $1,458/mo, and annual cash flow records $5,426/yr on $56,024 to close. Return on cash invested measures 29.59% and rental yield reads 10.35% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 154.56% and total cumulative return in cash totals $86,587.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29554, Hemingway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,213 (100%) |
| Owner Occupied HU | 2,909 (69.0%) |
| Renter Occupied HU | 583 (13.8%) |
| Vacant Housing Units | 721 (17.1%) |
| Median Home Value | $137,612 |
| Average Home Value | $230,920 |
Housing Distribution
Address Breakdown
Residential
3,798
Single Family
3,710
Multi-Family
88
Businesses
278
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Nearby investment properties with comparable prices
Listed by: Doug Joy • RE/MAX Executive
Mls Name: CCAR
Mls ID: #2529251