556 Poplar Springs RdWalhallaSC29691
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Nearby investment properties with comparable prices
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 Walhalla at 556 Poplar Springs Rd, Walhalla, SC, 29691 priced at $285,000 converts $2,160/mo rent into $463/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $5,561/yr on $94,478 invested. Return on cash invested prints 25.79% in year one, and rental yield reads 9.09% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 134.13% and total cumulative return in cash sums $126,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10 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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Listed by: Justin Smith • JW Martin Real Estate
Mls Name: WUMLS
Mls ID: #20296158