563 Willingham RdWilliamstonSC29697
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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 Williamston at 563 Willingham Rd, Williamston, SC, 29697 uses $82,842 cash to close to unlock $3,594/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,787/mo, and a $1,223/mo payment keeps the spread at $300/mo. Purchase price stands at $249,900, and rental yield measures 8.58% with $1,787/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 125.82% and total cumulative return in cash records $104,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,787/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29697, Williamston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,552 (100%) |
| Owner Occupied HU | 4,221 (76.0%) |
| Renter Occupied HU | 1,005 (18.1%) |
| Vacant Housing Units | 326 ( 5.9%) |
| Median Home Value | $264,101 |
| Average Home Value | $317,126 |
Housing Distribution
Address Breakdown
Residential
5,341
Single Family
5,243
Multi-Family
98
Businesses
376
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Listed by: Rita Simons • Simons Realty
Mls Name: My State MLS
Mls ID: #11612480