502 Whetstone RdSwanseaSC29160
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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 Swansea at 502 Whetstone Rd, Swansea, SC, 29160 priced at $192,000 converts $1,447/mo rent into $304/mo cash flow after a $940/mo obligation. Total monthly income equals $1,447/mo, and annual cash flow totals $3,646/yr on $63,648 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 9.04% against a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation compiles into $53,046 by year five. Five-year ROI reaches 133.25% and total cumulative return in cash sums $84,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,447/mo property income covering a $940/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29160, Swansea, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,879 (74.0%) |
| Renter Occupied HU | 520 (13.4%) |
| Vacant Housing Units | 490 (12.6%) |
| Median Home Value | $186,855 |
| Average Home Value | $256,533 |
Housing Distribution
Address Breakdown
Residential
3,566
Single Family
3,566
Multi-Family
0
Businesses
162
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Listed by: Teresa A Coleman • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #587592
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC