104 Rayland CirWalterboroSC29488
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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 Walterboro at 104 Rayland Cir, Walterboro, SC, 29488 generates $1,570/mo in rent and, after a $854/mo payment, leaves $531/mo in cash flow. Total monthly income is $1,570/mo, and annual cash flow is $6,376/yr on $57,847 invested. Return on cash invested sits at 30.93% in year one, and rental yield is 10.8% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 161.71% and total cumulative return in cash sums $93,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,570/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29488, Walterboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,018 (100%) |
| Owner Occupied HU | 6,324 (63.1%) |
| Renter Occupied HU | 2,563 (25.6%) |
| Vacant Housing Units | 1,131 (11.3%) |
| Median Home Value | $164,965 |
| Average Home Value | $212,836 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
9,306
Multi-Family
311
Businesses
1,111
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Listed by: N/A • Cole & Associates Inc.
Mls Name: CTMLS
Mls Provider:
Mls ID: #24026582
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.