408 E Home AveHartsvilleSC29550
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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
Rental property for sale in Hartsville at 408 E Home Ave, Hartsville, SC, 29550 priced at $649,000 converts $1,949/mo rent into after a $3,177/mo obligation. Total monthly income equals $1,949/mo. Return on cash invested prints 9.3% in year one, and rental yield reads 3.6% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 45.62% and total cumulative return in cash sums $97,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,949/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29550, Hartsville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,463 (100%) |
| Owner Occupied HU | 9,240 (63.9%) |
| Renter Occupied HU | 3,233 (22.4%) |
| Vacant Housing Units | 1,990 (13.8%) |
| Median Home Value | $185,970 |
| Average Home Value | $206,876 |
Housing Distribution
Address Breakdown
Residential
13,591
Single Family
13,442
Multi-Family
149
Businesses
885
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Listed by: Daniel J Demers • Sell Your Home Services, Inc.
Mls Name: Pee Dee Realtor Association
Mls ID: #20254412