1151 Stribling Shoals RdWalhallaSC29691
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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 Walhalla at 1151 Stribling Shoals Rd, Walhalla, SC, 29691 uses $51,383 cash to close to unlock $2,940/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,168/mo, and a $759/mo payment keeps the spread at $245/mo. Purchase price stands at $155,000, and rental yield measures 9.04% with $1,168/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.2% and total cumulative return in cash records $68,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,168/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29691, Walhalla, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 3,523 (67.4%) |
| Renter Occupied HU | 1,206 (23.1%) |
| Vacant Housing Units | 500 ( 9.6%) |
| Median Home Value | $248,512 |
| Average Home Value | $341,929 |
Housing Distribution
Address Breakdown
Residential
4,787
Single Family
4,656
Multi-Family
131
Businesses
367
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Listed by: Clyde Mulkey • Real Local/Real Broker, LLC
Mls Name: WUMLS
Mls ID: #20281582