40 Smith StWare ShoalsSC29692
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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 Ware Shoals at 40 Smith St, Ware Shoals, SC, 29692 earns $1,016/mo cash flow from $2,160/mo rent with a $903/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $12,189/yr on $61,162 capital. ROI tracks 39.84% on current figures, and rental yield reads 14.05% at a $184,500 purchase. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 over five years. Five-year ROI reaches 209.76% and total cumulative return in cash sums $128,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 1925
N/A 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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Listed by: Candace Adams • Greenwood Realty Inc.
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #131668
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.