162 Waterford DrInmanSC29349
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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 Inman at 162 Waterford Dr, Inman, SC, 29349 uses $138,401 cash to close to unlock $6,626/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $3,037/mo, and a $2,043/mo payment keeps the spread at $552/mo. Purchase price stands at $417,500, and rental yield measures 8.73% with $3,037/mo rent. Return on cash invested shows 24.7% in year one, and 5% annual appreciation builds toward $115,348 over five years. Five-year ROI reaches 128.22% and total cumulative return in cash records $177,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,037/mo property income covering a $2,043/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Corinne Nickell • Nest Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1562924
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.