1473 Poplar Springs RdWare ShoalsSC29692
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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 Ware Shoals at 1473 Poplar Springs Rd, Ware Shoals, SC, 29692 listed at $230,000 pairs $2,160/mo rent with a $1,126/mo payment to leave $791/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $9,487/yr on $76,245 cash to close. Return on cash invested measures 32.35% in year one, and rental yield registers 11.27% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 169.29% and total cumulative return in cash totals $129,079. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
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Listed by: Kellar Lawrence • Your Home Sold Guaranteed Realty - Kellar Lawrence
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #133228