220 Fender 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
Rental property for sale in Walterboro at 220 Fender St, Walterboro, SC, 29488 generates $1,078/mo in rent and, after a $685/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,078/mo, and annual cash flow is $2,939/yr on $46,377 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.25% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 136.52% and total cumulative return in cash sums $63,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,078/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.32 Acres 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: Lisa Weslake • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls ID: #193632