224 Walnut StNorthSC29112
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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 North at 224 Walnut St, North, SC, 29112 with 5% annual appreciation on a $325,000 basis while $2,153/mo rent supports operations. Total monthly income totals $2,153/mo and a $1,591/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,617/yr on $107,738 deployed, and return on cash invested reaches 22.34% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.95%. Five-year ROI measures 115.59% and total cumulative return in cash totals $124,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,153/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29112, North, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,195 (100%) |
| Owner Occupied HU | 1,494 (68.1%) |
| Renter Occupied HU | 345 (15.7%) |
| Vacant Housing Units | 356 (16.2%) |
| Median Home Value | $113,214 |
| Average Home Value | $177,620 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,765
Multi-Family
20
Businesses
91
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Listed by: Kayla Richardson • LPT Realty LLC
Mls Name: Consolidated MLS
Mls ID: #624223