105 Midway 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
Rental property for sale in Westminster at 105 Midway Dr, Westminster, SC, 29693 generates $2,060/mo in rent and, after a $1,162/mo payment, leaves $647/mo in cash flow. Total monthly income is $2,060/mo, and annual cash flow is $7,760/yr on $78,731 invested. Return on cash invested sits at 29.77% in year one, and rental yield is 10.41% on a $237,500 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 155.4% and total cumulative return in cash sums $122,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,060/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 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: Alex Fisher • Kingfisher Realty
Mls Name: Greater Greenville AOR
Mls ID: #1577970