408 Melstone Dr, Hopkins, SC, 29061 | $610/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hopkins at 408 Melstone Dr, Hopkins, SC, 29061 priced at $219,900 pairs $1,919/mo rent with $610/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,919/mo, and annual cash flow comes to $7,323/yr on $72,897 invested. Return on cash invested is 29.96% in year one, and rental yield stands at 10.47% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 156.46% and total cumulative return in cash reaches $114,052. For financing, Ziffy Mortgage’s DSCR program evaluates $1,919/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2003

0.30 Acres lot

$N/A/sqft

No HOA