938 Wallace Pate Dr.GeorgetownSC29440
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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 Georgetown at 938 Wallace Pate Dr, Georgetown, SC, 29440 with 5% annual appreciation on a $1,895,000 basis while $8,242/mo rent supports operations. 86% in year one. Equity gained on principal adds $12,228/yr, and five-year appreciation sums $523,554 alongside rental yield of 5.22%. Five-year ROI measures 70.18% and total cumulative return in cash totals $430,877. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,242/mo property income versus a $9,275/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.46 Acres lot
$N/A/sqft
$294 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29440, Georgetown, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,040 (100%) |
| Owner Occupied HU | 9,010 (64.2%) |
| Renter Occupied HU | 2,616 (18.6%) |
| Vacant Housing Units | 2,414 (17.2%) |
| Median Home Value | $215,863 |
| Average Home Value | $349,134 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
12,984
Multi-Family
168
Businesses
906
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Listed by: The Roper Group • Peace Sotheby's Intl Realty PI
Mls Name: CCAR
Mls Provider:
Mls ID: #2520977
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.