300 Kelly Bay RdWalterboroSC29488
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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 Walterboro at 300 Kelly Bay Rd, Walterboro, SC, 29488 uses $44,395 cash to close to unlock $3,135/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,058/mo, and a $655/mo payment keeps the spread at $261/mo. Purchase price stands at $133,923, and rental yield measures 9.48% with $1,058/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $37,000 over five years. Five-year ROI reaches 140.47% and total cumulative return in cash records $62,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,058/mo property income covering a $655/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
1.04 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: N/A • The Group, LLC
Mls Name: CTMLS
Mls ID: #25029510