746 Gatestone Ln,Hopkins,SC,29061

Investment Highlights

Rental property for sale in Hopkins at 746 Gatestone Ln, Hopkins, SC, 29061 priced at $215,490 converts $1,499/mo rent into $216/mo cash flow after a $1,055/mo obligation. Total monthly income equals $1,499/mo, and annual cash flow totals $2,591/yr on $71,435 invested. Return on cash invested prints 23.54% in year one, and rental yield reads 8.35% against a $215,490 entry. Equity gained on principal adds $1,391/yr, while 5% annual appreciation compiles into $59,536 by year five. Five-year ROI reaches 121.97% and total cumulative return in cash sums $87,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,499/mo property income covering a $1,055/mo payment, not borrower’s personal income.