151 Thornridge RdWagenerSC29164
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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 Wagener at 151 Thornridge Rd, Wagener, SC, 29164 listed at $264,999 pairs $2,166/mo rent with a $1,297/mo payment to leave $589/mo cash flow. Total monthly income runs $2,166/mo, and annual cash flow reaches $7,063/yr on $87,847 cash to close. Return on cash invested measures 27.95% in year one, and rental yield registers 9.81% at a $264,999 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,214 by year five. Five-year ROI tracks 145.66% and total cumulative return in cash totals $127,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,166/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29164, Wagener, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,624 (72.2%) |
| Renter Occupied HU | 344 (15.3%) |
| Vacant Housing Units | 282 (12.5%) |
| Median Home Value | $210,221 |
| Average Home Value | $228,889 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
1,890
Multi-Family
50
Businesses
114
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Listed by: Angelia Dodson • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls ID: #624642