4057 Old Wire Rd WWallaceSC29596
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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 Wallace at 4057 Old Wire Rd W, Wallace, SC, 29596 offers a 6.37% rental yield on a $354,900 purchase with $1,885/mo rent. 59% in year one. Equity gained on principal adds $2,290/yr while 5% annual appreciation supports $98,052 over five years. Portfolio math shows five-year ROI at 90.1% and total cumulative return in cash at $106,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,885/mo property income against a $1,737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29596, Wallace, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,110 (100%) |
| Owner Occupied HU | 801 (72.2%) |
| Renter Occupied HU | 166 (15.0%) |
| Vacant Housing Units | 143 (12.9%) |
| Median Home Value | $92,885 |
| Average Home Value | $136,167 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
61
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Listed by: J. B Lofton • J.b. Lofton
Mls Name: Pee Dee Realtor Association
Mls ID: #20254198