About This Home

This 4-bedroom, 4-bathroom single family at 48 Tierra Drive in Waterloo, SC is listed for $585,000 ($208 per sqft). Built in 2000, the home offers 2,818 sqft of living space on a 1.28 acres lot.

Key Features

  • Built in 2000
  • 1.28 acre lot

Property Details

1 story
4 full
1-car garage
2000

Amenities

Solar
Listing Description

Investment Opportunity on Lake Greenwood - Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request.

The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one.

Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset-or potentially cover-your housing expenses.

Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.

Monthly Cost Estimate

$3,129/mo

20% down · 6.5% · 30 years

Principal$423
Interest$2,535
Insurance$171

Estimates only. Actual payments may vary.

Location

48 Tierra Drive

Waterloo, SC 29384

Questions & Answers

This 4-bedroom, 4-bathroom single family at 48 Tierra Drive is listed at $585,000 ($208/sqft). The estimated monthly payment is $3,129 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2000, 1.28 acre lot.

This property is listed by Jordan Surrett.

JS

Jordan Surrett

Agent at Greenville Central Partners LLC

Listed by Greenville Central Partners LLC · Broker phone: (864) 400-4100 · View on Broker Site · Broker website

MLS# 342014· Source: Spartanburg Association of REALTORS, Inc.· 89 days on PropertySimple

Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

48 Tierra Drive, Waterloo, SC 29384

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