516 Ashland RdHartsvilleSC29550
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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 Hartsville at 516 Ashland Rd, Hartsville, SC, 29550 uses $75,914 cash to close to unlock $13,616/yr annual cash flow and $1,135/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,121/mo payment keeps the spread at $1,135/mo. Purchase price stands at $229,000, and rental yield measures 13.09% with $2,498/mo rent. Return on cash invested shows 37.84% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 198.74% and total cumulative return in cash records $150,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1.20 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: Jonathan C Lee • Choice Realty, Inc.
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20241771
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.