109 Bishop StWalterboroSC29488
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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 Walterboro at 109 Bishop St, Walterboro, SC, 29488 uses $62,654 cash to close to unlock $9,180/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $925/mo payment keeps the spread at $765/mo. Purchase price stands at $189,000, and rental yield measures 12% with $1,890/mo rent. Return on cash invested shows 34.56% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 181.09% and total cumulative return in cash records $113,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.30 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 • EXP Realty LLC
Mls Name: CTMLS
Mls ID: #25026411