1816 Wichman StWalterboroSC29488
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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 Walterboro at 1816 Wichman St, Walterboro, SC, 29488 earns $404/mo cash flow from $1,297/mo rent with a $734/mo payment. Total monthly income totals $1,297/mo, and annual cash flow totals $4,852/yr on $49,692 capital. ROI tracks 29.67% on current figures, and rental yield reads 10.38% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 154.94% and total cumulative return in cash sums $76,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,297/mo property income instead of your personal income.
Single Family
Built in 1983
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29488, Walterboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,018 (100%) |
| Owner Occupied HU | 6,324 (63.1%) |
| Renter Occupied HU | 2,563 (25.6%) |
| Vacant Housing Units | 1,131 (11.3%) |
| Median Home Value | $164,965 |
| Average Home Value | $212,836 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
9,306
Multi-Family
311
Businesses
1,111
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Listed by: N/A • Cole & Associates Inc.
Mls Name: CTMLS
Mls ID: #25029492