1005 Gagmon DrWellfordSC29385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wellford at 1005 Gagmon Dr, Wellford, SC, 29385 at $284,500 posts ROI 34.53% with $1,149/mo cash flow from $2,842/mo rent. Total monthly income equals $2,842/mo, and annual cash flow records $13,787/yr on $94,312 to close. Return on cash invested measures 34.53% and rental yield reads 11.99% at the current $284,500. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 by year five. Five-year ROI prints 180.9% and total cumulative return in cash totals $170,609.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,842/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29385, Wellford, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,022 (100%) |
| Owner Occupied HU | 2,850 (70.9%) |
| Renter Occupied HU | 799 (19.9%) |
| Vacant Housing Units | 373 ( 9.3%) |
| Median Home Value | $242,413 |
| Average Home Value | $274,051 |
Housing Distribution
Address Breakdown
Residential
3,821
Single Family
3,821
Multi-Family
0
Businesses
144
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Listed by: Akande Ith Smith • D.R. Horton
Mls Name: SAR
Mls Provider:
Mls ID: #313665
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.