Spruce A Plan, Canary Woods,Hopkins,SC,29061

Investment Highlights

Investment property for sale in Hopkins at Spruce A Plan, Canary Woods, Hopkins, SC, 29061 offers a 9.13% rental yield on a $236,490 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,158/mo payment leaves $392/mo available for distribution. Annual cash flow reaches $4,701/yr on $78,396 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $1,526/yr while 5% annual appreciation supports $65,338 over five years. Portfolio math shows five-year ROI at 134.71% and total cumulative return in cash at $105,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,158/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.