0 Joe Oulla Rd #1Ware ShoalsSC29692
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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 Ware Shoals at 0 Joe Oulla Rd #1, Ware Shoals, SC, 29692 priced at $129,000 pairs $834/mo rent with $66/mo cash flow after a $631/mo payment. Total monthly income equals $834/mo, and annual cash flow comes to $798/yr on $42,764 invested. Return on cash invested is 21.77% in year one, and rental yield stands at 7.76% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. Five-year ROI measures 112.58% and total cumulative return in cash reaches $48,145. For financing, Ziffy Mortgage’s DSCR program evaluates $834/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
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Listed by: Knox Duncan • Reedy Property Group
Mls Name: My State MLS
Mls ID: #11538075