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Income-producing 7. 5 Acre Mobile Home Park in Walterboro, SC - Prime Investment Opportunity Don't miss this unique investment opportunity in Walterboro, SC! This listing consists of 3 separate parcels including tax map numbers 1480000008000, 1480000123000 and 1480000115000. There are currently 3 mobile homes already in place, offering steady income from established tenants. The property includes infrastructure for additional growth with water, septic and power utilities ready for 3 more homes. There are two 3 br 2 bath homes and one 3 br 1. 5 bath home and another lot with a tenant owned home paying lot rent. Located just under an hour from Charleston, Summerville and Beaufort, this property offers great access to major cities while providing a rural setting. Whether you are anexperienced investor or just starting, this property offers a solid foundation for income generation with room to grow. . Bring your own homes to fill vacant lots or rent the lots to generate more income. *Income financials are available for pre-qualified buyers. *Agents please see notes about property zoning. Out of respect for the tenants, please do not walk the properties without an agent.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $412,000 | $412,000 | $412,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,570 | $2,707 | $3,449 |
Total Monthly Payment | $2,662 | $2,799 | $3,541 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.