119 Wateree DrSanteeSC29142
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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 Santee at 119 Wateree Dr, Santee, SC, 29142 with 5% annual appreciation on a $315,000 basis while $2,237/mo rent supports operations. Total monthly income totals $2,237/mo and a $1,542/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,372/yr on $104,423 deployed, and return on cash invested reaches 22.18% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.52%. Five-year ROI measures 115.39% and total cumulative return in cash totals $120,497.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,237/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.43 Acres lot
$N/A/sqft
$164 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
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Listed by: Dreama Pruett • Realty Center of Summerville
Mls Name: Sumter BOR
Mls Provider:
Mls ID: #169215
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