120 Wateree DrSanteeSC29142
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
Investment Highlights
Rental property for sale in Santee at 120 Wateree Dr, Santee, SC, 29142 offers $2,233/mo rent that, after a $1,659/mo payment. Total monthly income is $2,233/mo. Return on cash invested measures 18.29% in year one, and rental yield stands at 7.9% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 95.29% and total cumulative return in cash reaches $107,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,233/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.87 Acres lot
$N/A/sqft
$408 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dreama Pruett • Realty Center of Summerville
Mls Name: Sumter BOR
Mls Provider:
Mls ID: #162736
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Sumter Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings held by brokerage firms other than Zillow, Inc are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Sumter Board of Realtors. All Rights Reserved.