120 Warpaint LnWestminsterSC29693
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
Rental property for sale in Westminster at 120 Warpaint Ln, Westminster, SC, 29693 priced at $555,000 converts $3,424/mo rent into $121/mo cash flow after a $2,716/mo obligation. Total monthly income equals $3,424/mo, and annual cash flow totals $1,448/yr on $182,595 invested. Return on cash invested prints 20.85% in year one, and rental yield reads 7.4% against a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation compiles into $153,336 by year five. Five-year ROI reaches 107.56% and total cumulative return in cash sums $196,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,424/mo property income covering a $2,716/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.58 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patti L Ray • Allen Tate Realty
Mls Name: GAMLS
Mls ID: #10599477