1303 Wichman StWalterboroSC29488
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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 Walterboro at 1303 Wichman St, Walterboro, SC, 29488 generates $2,236/mo in rent, after a $4,160/mo payment. Total monthly income is $2,236/mo. Return on cash invested sits at 7.94% in year one, and rental yield is 3.16% on a $849,999 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 38.34% and total cumulative return in cash sums $107,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,236/mo property income rather than buyer’s personal income.
Single Family
Built in 1855
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29488, Walterboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,018 (100%) |
| Owner Occupied HU | 6,324 (63.1%) |
| Renter Occupied HU | 2,563 (25.6%) |
| Vacant Housing Units | 1,131 (11.3%) |
| Median Home Value | $164,965 |
| Average Home Value | $212,836 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
9,306
Multi-Family
311
Businesses
1,111
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Listed by: N/A • Coldwell Banker Realty
Mls Name: CTMLS
Mls ID: #25027403