15 Stoney StWaterlooSC29384
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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 Waterloo at 15 Stoney St, Waterloo, SC, 29384 offers a 8.31% rental yield on a $225,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $1,101/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,150/yr on $74,588 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 118.28% and total cumulative return in cash at $88,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29384, Waterloo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,597 (59.3%) |
| Renter Occupied HU | 296 (11.0%) |
| Vacant Housing Units | 800 (29.7%) |
| Median Home Value | $206,618 |
| Average Home Value | $221,493 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
32
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Listed by: Bea Walker • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132047
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. Information is deemed reliable but not guaranteed.