243 Balentine Lake RdWare ShoalsSC29692
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
Investment property for sale in Ware Shoals at 243 Balentine Lake Rd, Ware Shoals, SC, 29692 at $195,000 posts ROI 27.31% with $399/mo cash flow from $1,559/mo rent. Total monthly income equals $1,559/mo, and annual cash flow records $4,784/yr on $64,643 to close. Return on cash invested measures 27.31% and rental yield reads 9.59% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 142.23% and total cumulative return in cash totals $91,942.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,559/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
1,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
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Nearby investment properties with comparable prices
Listed by: Tony Giglio • Top Brokerage LLC
Mls Name: My State MLS
Mls ID: #11468389