1037 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 1037 Gagmon Dr, Wellford, SC, 29385 listed at $287,990 pairs $1,934/mo rent with a $1,410/mo payment to leave $180/mo cash flow. Total monthly income runs $1,934/mo, and annual cash flow reaches $2,156/yr on $95,469 cash to close. Return on cash invested measures 22.17% in year one, and rental yield registers 8.06% at a $287,990 basis. Equity gained on principal adds $1,858/yr, and annual property appreciation at 5% supports $79,566 by year five. Five-year ROI tracks 114.83% and total cumulative return in cash totals $109,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,934/mo property income relative to a $1,410/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
6,534 sqft lot
$N/A/sqft
$475 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trina L Montalbano • D.R. Horton
Mls Name: SAR
Mls Provider:
Mls ID: #332056
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-01 07:57:38 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#329)