1207 Waterwood DrGoose CreekSC29445
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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 Goose Creek at 1207 Waterwood Dr, Goose Creek, SC, 29445 priced at $212,000 converts $1,486/mo rent into $224/mo cash flow after a $1,038/mo obligation. Total monthly income equals $1,486/mo, and annual cash flow totals $2,684/yr on $70,278 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 8.41% against a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation compiles into $58,572 by year five. Five-year ROI reaches 123.04% and total cumulative return in cash sums $86,467. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,486/mo property income covering a $1,038/mo payment, not borrower’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
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Listed by: N/A • EXP Realty LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24012580
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. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.