2097 Evanston DrWaterlooSC29384
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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 Waterloo at 2097 Evanston Dr, Waterloo, SC, 29384 generates $1,315/mo in rent, after a $1,566/mo payment. Total monthly income is $1,315/mo. Return on cash invested sits at 12.79% in year one, and rental yield is 4.93% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 64.52% and total cumulative return in cash sums $68,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29384, Waterloo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,597 (59.3%) |
| Renter Occupied HU | 296 (11.0%) |
| Vacant Housing Units | 800 (29.7%) |
| Median Home Value | $206,618 |
| Average Home Value | $221,493 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
32
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Listed by: Rhonda Porter • Coldwell Banker Caine Real Est
Mls Name: SAR
Mls Provider:
Mls ID: #324966
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.