606 Shadow Lane RdWagenerSC29164
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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 Wagener at 606 Shadow Lane Rd, Wagener, SC, 29164 uses $180,950 cash to close to unlock $5,579/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $3,739/mo, and a $2,692/mo payment keeps the spread at $465/mo. Purchase price stands at $550,000, and rental yield measures 8.16% with $3,739/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 119.83% and total cumulative return in cash records $216,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,739/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1990
3.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29164, Wagener, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,624 (72.2%) |
| Renter Occupied HU | 344 (15.3%) |
| Vacant Housing Units | 282 (12.5%) |
| Median Home Value | $210,221 |
| Average Home Value | $228,889 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
1,890
Multi-Family
50
Businesses
114
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Listed by: Kenneth Branham • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls ID: #621723