404 E Main StWalhallaSC29691
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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 Walhalla at 404 E Main St, Walhalla, SC, 29691 uses $191,149 cash to close to unlock $11,725/yr annual cash flow and $977/mo monthly cash flow. Total monthly income runs $4,436/mo, and a $2,844/mo payment keeps the spread at $977/mo. Purchase price stands at $581,000, and rental yield measures 9.16% with $4,436/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $160,520 over five years. Five-year ROI reaches 136.22% and total cumulative return in cash records $260,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,436/mo property income covering a $2,844/mo payment rather than investor’s personal income.
Single Family
Built in 1943
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29691, Walhalla, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 3,523 (67.4%) |
| Renter Occupied HU | 1,206 (23.1%) |
| Vacant Housing Units | 500 ( 9.6%) |
| Median Home Value | $248,512 |
| Average Home Value | $341,929 |
Housing Distribution
Address Breakdown
Residential
4,787
Single Family
4,656
Multi-Family
131
Businesses
367
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