431 Otis RdWalterboroSC29488
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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 Walterboro at 431 Otis Rd, Walterboro, SC, 29488 priced at $345,000 converts $2,316/mo rent into $262/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,316/mo, and annual cash flow totals $3,143/yr on $114,368 invested. Return on cash invested prints 22.66% in year one, and rental yield reads 8.06% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 117.27% and total cumulative return in cash sums $134,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29488, Walterboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,018 (100%) |
| Owner Occupied HU | 6,324 (63.1%) |
| Renter Occupied HU | 2,563 (25.6%) |
| Vacant Housing Units | 1,131 (11.3%) |
| Median Home Value | $164,965 |
| Average Home Value | $212,836 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
9,306
Multi-Family
311
Businesses
1,111
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Listed by: N/A • All Country Real Estate, LLC
Mls Name: CTMLS
Mls ID: #26000484