162 Lee St NWagenerSC29164
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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 Wagener at 162 Lee St N, Wagener, SC, 29164 generates $2,069/mo in rent and, after a $1,415/mo payment, leaves $348/mo in cash flow. Total monthly income is $2,069/mo, and annual cash flow is $4,178/yr on $95,804 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 8.59% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 125.95% and total cumulative return in cash sums $120,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,069/mo property income rather than buyer’s personal income.
Single Family
Built in 1897
0.39 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: Janice D Whitehead-Cockrell • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #620324