1517 Wire RdDorchesterSC29437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dorchester at 1517 Wire Rd, Dorchester, SC, 29437 priced at $320,000 pairs $1,919/mo rent with $14/mo cash flow after a $1,566/mo payment. Total monthly income equals $1,919/mo, and annual cash flow comes to $172/yr on $106,080 invested. Return on cash invested is 20.07% in year one, and rental yield stands at 7.2% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 103.43% and total cumulative return in cash reaches $109,719. For financing, Ziffy Mortgage’s DSCR program evaluates $1,919/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
14.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29437, Dorchester, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 887 (75.7%) |
| Renter Occupied HU | 135 (11.5%) |
| Vacant Housing Units | 149 (12.7%) |
| Median Home Value | $328,963 |
| Average Home Value | $366,150 |
Housing Distribution
Address Breakdown
Residential
1,083
Single Family
1,083
Multi-Family
0
Businesses
50
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Listed by: N/A • JPAR Magnolia Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #25001743
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