3980 Walterboro HwyVarnvilleSC29944
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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 Varnville at 3980 Walterboro Hwy, Varnville, SC, 29944 generates $788/mo in rent and, after a $504/mo payment, leaves $175/mo in cash flow. Total monthly income is $788/mo, and annual cash flow is $2,101/yr on $34,128 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.19% on a $102,950 entry. Equity gained on principal adds $664/yr, while 5% annual appreciation builds toward $28,443 over five years. Five-year ROI reaches 135.71% and total cumulative return in cash sums $46,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $788/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29944, Varnville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,038 (100%) |
| Owner Occupied HU | 1,323 (64.9%) |
| Renter Occupied HU | 395 (19.4%) |
| Vacant Housing Units | 320 (15.7%) |
| Median Home Value | $122,813 |
| Average Home Value | $147,275 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,456
Multi-Family
0
Businesses
128
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Listed by: James Suber • Keller Williams Realty (322)
Mls Name: REsides, Inc.
Mls ID: #502451