275 S Waters Edge DrWinnsboroSC29180
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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 Winnsboro at 275 S Waters Edge Dr, Winnsboro, SC, 29180 listed at $489,000 pairs $1,190/mo rent with a $2,393/mo payment. Total monthly income runs $1,190/mo. Return on cash invested measures 7.17% in year one, and rental yield registers 2.92% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 34.24% and total cumulative return in cash totals $55,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,190/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29180, Winnsboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,243 (100%) |
| Owner Occupied HU | 3,914 (62.7%) |
| Renter Occupied HU | 1,541 (24.7%) |
| Vacant Housing Units | 788 (12.6%) |
| Median Home Value | $124,078 |
| Average Home Value | $197,230 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,569
Multi-Family
111
Businesses
452
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Listed by: Pauline Katsoudas • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4283284