1208 Hanover DrWestminsterSC29693
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 1208 Hanover Dr, Westminster, SC, 29693 priced at $150,000 pairs $1,150/mo rent with $257/mo cash flow after a $734/mo payment. Total monthly income equals $1,150/mo, and annual cash flow comes to $3,087/yr on $49,725 invested. Return on cash invested is 26.12% in year one, and rental yield stands at 9.2% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 135.9% and total cumulative return in cash reaches $67,578. For financing, Ziffy Mortgage’s DSCR program evaluates $1,150/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
10,454 sqft 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: Brent Downing • Keller Williams The Downing Group
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595731
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC