204 Friendship DrWalhallaSC29691
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 Walhalla at 204 Friendship Dr, Walhalla, SC, 29691 priced at $185,000 converts $1,401/mo rent into $300/mo cash flow after a $905/mo obligation. Total monthly income equals $1,401/mo, and annual cash flow totals $3,603/yr on $61,328 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.09% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 134.1% and total cumulative return in cash sums $82,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,401/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29691, Walhalla, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 3,523 (67.4%) |
| Renter Occupied HU | 1,206 (23.1%) |
| Vacant Housing Units | 500 ( 9.6%) |
| Median Home Value | $248,512 |
| Average Home Value | $341,929 |
Housing Distribution
Address Breakdown
Residential
4,787
Single Family
4,656
Multi-Family
131
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rodney Harris • Joy Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1572154