114 New Park RdWagenerSC29164
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow114 New Park Rd, Wagener, SC, 29164 in Wagener earns its strong cash-flow label: 11.64% yield, $1,600/mo rent, $618/mo net income, DSCR 2.16. The $164,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $45,559 by year five. Combined with $1,519/yr in principal paydown, total projected return reaches $102,209.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $618 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,600 |
| Total Monthly Debt Service | $916 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1999
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29164, Wagener, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,624 (72.2%) |
| Renter Occupied HU | 344 (15.3%) |
| Vacant Housing Units | 282 (12.5%) |
| Median Home Value | $210,221 |
| Average Home Value | $228,889 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
1,890
Multi-Family
50
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1999
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29164, Wagener, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,624 (72.2%) |
| Renter Occupied HU | 344 (15.3%) |
| Vacant Housing Units | 282 (12.5%) |
| Median Home Value | $210,221 |
| Average Home Value | $228,889 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
1,890
Multi-Family
50
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices