2423 Westminster HwyWalhallaSC29691
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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 Walhalla at 2423 Westminster Hwy, Walhalla, SC, 29691 generates $1,855/mo in rent and, after a $1,174/mo payment, leaves $427/mo in cash flow. Total monthly income is $1,855/mo, and annual cash flow is $5,125/yr on $79,527 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.28% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 137.15% and total cumulative return in cash sums $109,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,855/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
0.52 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
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Listed by: Kenneth Poston • Keller Williams Seneca
Mls Name: WUMLS
Mls ID: #20288433