349 Water Oak DrGoose CreekSC29445
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 Goose Creek at 349 Water Oak Dr, Goose Creek, SC, 29445 uses $92,803 cash to close to unlock $7,077/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,256/mo, and a $1,370/mo payment keeps the spread at $590/mo. Purchase price stands at $279,950, and rental yield measures 9.67% with $2,256/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $77,345 over five years. Five-year ROI reaches 143.43% and total cumulative return in cash records $133,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,256/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Redfin Corporation
Mls Name: CTMLS
Mls ID: #26000803