59 E Cork StWare ShoalsSC29692
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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 Ware Shoals at 59 E Cork St, Ware Shoals, SC, 29692 uses $59,504 cash to close to unlock $5,865/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $879/mo payment keeps the spread at $489/mo. Purchase price stands at $179,500, and rental yield measures 10.54% with $1,576/mo rent. Return on cash invested shows 29.77% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 155.51% and total cumulative return in cash records $92,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $879/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
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Listed by: Anthony Dufrene • eXp Realty LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1545803
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.