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Welcome to 251 Oak Haven Dr, Mountain Rest, SC! Situated in the serene beauty of Mountain Rest, this property offers a fantastic investment opportunity for those seeking a peaceful retreat and a chance to tap into the thriving vacation rental market. Boasting not just one, but TWO HOUSES on the lot, this property presents endless possibilities for both personal use and rental income. Please note that the property is being sold as-is and requires some repairs and clean-up, making it an excellent opportunity for renovation and customization. Home #1 contains 1 bedroom and 2 baths, and home #2 contains 2 bedrooms and 1 bathroom, and are metered separately with the power company. Do you aspire to live the RV life? This property contains ample RV parking and includes an RV hookup. You could Air BNB the two houses while out on the road, providing extra income for you, while still having room to park your RV while at home. The main house and the second dwelling on the property provide ample space to accommodate guests, making it an ideal location for an Airbnb site. Mountain Rest's natural surroundings and outdoor attractions make it an attractive destination for travelers seeking an escape into nature. Embrace the potential of this property and create a unique and inviting vacation rental experience for visitors. If mountain living is more your style, this property makes it easy to live in one home and collect rental income from the other. The possibilities are endless! In addition to the potential for rental income, the location of this property offers access to a wealth of local attractions. Nature enthusiasts will be delighted by the proximity to the Sumter National Forest, where scenic hikes and picnics by crystal-clear streams await. The Chattooga River, known for its fishing, canoeing, and kayaking opportunities, is just a short distance away. Guests can also explore the charming town of Walhalla, with its historical sites, shops, and delightful eateries. Investing in 251 Oak Haven Dr provides an exceptional opportunity to own a property with two houses in the beautiful Mountain Rest community. With the potential for creating a successful Airbnb site and the allure of nearby outdoor attractions, this investment promises an outstanding return. Don't miss your chance to be part of this thriving vacation rental market and make the most of the tranquil setting Mountain Rest has to offer.
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Our Executive Mortgage Banker:
$275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.794% |
| Monthly Tax Payment | $147 | $147 | $147 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,319 | $1,373 | $1,798 |
| Total Monthly Payment | $1,540 | $1,594 | $2,019 |
* 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.