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

Investment Highlights

Rental property for sale in Hopkins at Spruce B Plan, Canary Woods, Hopkins, SC, 29061 offers $1,932/mo rent that, after a $1,164/mo payment, leaves $516/mo cash flow. Total monthly income is $1,932/mo, and annual cash flow is $6,195/yr on $78,864 cash. Return on cash invested measures 27.76% in year one, and rental yield stands at 9.75% at a $237,900 entry. Equity gained on principal adds $1,535/yr while 5% annual appreciation compounds into $65,727 by year five. Five-year ROI records 144.71% and total cumulative return in cash reaches $114,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,932/mo property income versus a $1,164/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.