509 Freetown RdHodgesSC29653
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
Rental property for sale in Hodges at 509 Freetown Rd, Hodges, SC, 29653 offers $1,903/mo rent that, after a $489/mo payment, leaves $1,243/mo cash flow. Total monthly income is $1,903/mo, and annual cash flow is $14,917/yr on $33,150 cash. Return on cash invested measures 64.91% in year one, and rental yield stands at 22.84% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 344.88% and total cumulative return in cash reaches $114,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,903/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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