7687 Highway 162HollywoodSC29449
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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
Rental property for sale in Hollywood at 7687 Highway 162, Hollywood, SC, 29449 generates $3,233/mo in rent and, after a $2,056/mo payment, leaves $733/mo in cash flow. Total monthly income is $3,233/mo, and annual cash flow is $8,790/yr on $139,230 invested. Return on cash invested sits at 26.22% in year one, and rental yield is 9.24% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 136.39% and total cumulative return in cash sums $189,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,233/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29449, Hollywood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,821 (100%) |
| Owner Occupied HU | 3,007 (78.7%) |
| Renter Occupied HU | 413 (10.8%) |
| Vacant Housing Units | 401 (10.5%) |
| Median Home Value | $481,104 |
| Average Home Value | $551,817 |
Housing Distribution
Address Breakdown
Residential
3,608
Single Family
3,608
Multi-Family
0
Businesses
207
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25031081