1115 Relax StWaterlooSC29384
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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 Waterloo at 1115 Relax St, Waterloo, SC, 29384 uses $57,018 cash to close to unlock $3,504/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $1,316/mo, and a $842/mo payment keeps the spread at $292/mo. Purchase price stands at $172,000, and rental yield measures 9.18% with $1,316/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 135.47% and total cumulative return in cash records $77,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,316/mo property income covering a $842/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29384, Waterloo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,597 (59.3%) |
| Renter Occupied HU | 296 (11.0%) |
| Vacant Housing Units | 800 (29.7%) |
| Median Home Value | $206,618 |
| Average Home Value | $221,493 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
32
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Listed by: Tony Dorn • Keller Williams Greenwood
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134453