118 Whitmire HwyJoannaSC29351
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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 Joanna at 118 Whitmire Hwy, Joanna, SC, 29351 priced at $155,000 converts $1,135/mo rent into $212/mo cash flow after a $759/mo obligation. Total monthly income equals $1,135/mo, and annual cash flow totals $2,544/yr on $51,383 invested. Return on cash invested prints 24.86% in year one, and rental yield reads 8.79% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 129.06% and total cumulative return in cash sums $66,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,135/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29351, Joanna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 509 (64.8%) |
| Renter Occupied HU | 157 (20.0%) |
| Vacant Housing Units | 119 (15.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $220,157 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
43
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Listed by: Ashley Smith • EXP Realty LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1562878
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. Information is deemed reliable but not guaranteed.