4508 Moorefield StHodgesSC29653
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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
Investment property for sale in Hodges at 4508 Moorefield St, Hodges, SC, 29653 uses $76,245 cash to close to unlock $11,947/yr annual cash flow and $996/mo monthly cash flow. Total monthly income runs $2,365/mo, and a $1,126/mo payment keeps the spread at $996/mo. Purchase price stands at $230,000, and rental yield measures 12.34% with $2,365/mo rent. Return on cash invested shows 35.58% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 186.58% and total cumulative return in cash records $142,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,365/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29653, Hodges, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,106 (100%) |
| Owner Occupied HU | 1,643 (78.0%) |
| Renter Occupied HU | 240 (11.4%) |
| Vacant Housing Units | 223 (10.6%) |
| Median Home Value | $209,014 |
| Average Home Value | $335,899 |
Housing Distribution
Address Breakdown
Residential
1,967
Single Family
1,967
Multi-Family
0
Businesses
105
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Listed by: Angel B Cockrell • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.