1008 Chickasaw DrWestminsterSC29693
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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 Westminster at 1008 Chickasaw Dr, Westminster, SC, 29693 uses $104,423 cash to close to unlock $6,428/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,411/mo, and a $1,542/mo payment keeps the spread at $536/mo. Purchase price stands at $315,000, and rental yield measures 9.18% with $2,411/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 135.55% and total cumulative return in cash records $141,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,411/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29693, Westminster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,628 (100%) |
| Owner Occupied HU | 5,014 (65.7%) |
| Renter Occupied HU | 1,049 (13.8%) |
| Vacant Housing Units | 1,565 (20.5%) |
| Median Home Value | $201,287 |
| Average Home Value | $262,060 |
Housing Distribution
Address Breakdown
Residential
6,839
Single Family
6,789
Multi-Family
50
Businesses
335
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Listed by: Patti Ray • Allen Tate - Anderson
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1547689
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.