88 2nd StHamptonSC29944
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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 Hampton at 88 2nd St, Hampton, SC, 29944 priced at $289,900 pairs $1,649/mo rent with after a $1,419/mo payment. Total monthly income equals $1,649/mo. Return on cash invested is 18.95% in year one, and rental yield stands at 6.83% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 97.42% and total cumulative return in cash reaches $93,621. For financing, Ziffy Mortgage’s DSCR program evaluates $1,649/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29944, Varnville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,038 (100%) |
| Owner Occupied HU | 1,323 (64.9%) |
| Renter Occupied HU | 395 (19.4%) |
| Vacant Housing Units | 320 (15.7%) |
| Median Home Value | $122,813 |
| Average Home Value | $147,275 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,456
Multi-Family
0
Businesses
128
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Listed by: Lee P. Ellis • Ellis Realty & Insurance Agenc
Mls Name: Lowcountry Regional MLS
Mls ID: #192404