85 McGill RdHemingwaySC29554
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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 Hemingway at 85 McGill Rd, Hemingway, SC, 29554 uses $47,736 cash to close to unlock $3,795/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,190/mo, and a $705/mo payment keeps the spread at $316/mo. Purchase price stands at $144,000, and rental yield measures 9.92% with $1,190/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 145.41% and total cumulative return in cash records $69,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,190/mo property income covering a $705/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29554, Hemingway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,213 (100%) |
| Owner Occupied HU | 2,909 (69.0%) |
| Renter Occupied HU | 583 (13.8%) |
| Vacant Housing Units | 721 (17.1%) |
| Median Home Value | $137,612 |
| Average Home Value | $230,920 |
Housing Distribution
Address Breakdown
Residential
3,798
Single Family
3,710
Multi-Family
88
Businesses
278
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Listed by: Joi Perkins • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20253250
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.