9002 Huggins Lake CtNicholsSC29581
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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 Nichols at 9002 Huggins Lake Ct, Nichols, SC, 29581 listed at $129,000 pairs $1,050/mo rent with a $631/mo payment to leave $282/mo cash flow. Total monthly income runs $1,050/mo, and annual cash flow reaches $3,390/yr on $42,764 cash to close. Return on cash invested measures 27.84% in year one, and rental yield registers 9.77% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 145.11% and total cumulative return in cash totals $62,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,050/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29581, Nichols, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,442 (67.0%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 400 (18.6%) |
| Median Home Value | $153,974 |
| Average Home Value | $189,027 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
42
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Listed by: Wellons H Williams • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls ID: #20253076