607 Renea DrWalhallaSC29691
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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 Walhalla at 607 Renea Dr, Walhalla, SC, 29691 offers a 10.81% rental yield on a $228,500 purchase with $2,059/mo rent. Total monthly income registers $2,059/mo, and a $1,118/mo payment leaves $699/mo available for distribution. Annual cash flow reaches $8,390/yr on $75,748 to close, and return on cash invested stands at 30.99% in year one. Equity gained on principal adds $1,474/yr while 5% annual appreciation supports $63,130 over five years. Portfolio math shows five-year ROI at 161.99% and total cumulative return in cash at $122,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.59 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: Rhonda Moss • Moss & Associates Real Estate
Mls Name: WUMLS
Mls ID: #20292244