1230 Melton RdWest UnionSC29696
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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 West Union at 1230 Melton Rd, West Union, SC, 29696 uses $82,842 cash to close to unlock $1,110/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,580/mo, and a $1,223/mo payment keeps the spread at $93/mo. Purchase price stands at $249,900, and rental yield measures 7.59% with $1,580/mo rent. Return on cash invested shows 21.25% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 109.74% and total cumulative return in cash records $90,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,580/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29696, West Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,560 (100%) |
| Owner Occupied HU | 1,834 (71.6%) |
| Renter Occupied HU | 289 (11.3%) |
| Vacant Housing Units | 437 (17.1%) |
| Median Home Value | $340,930 |
| Average Home Value | $517,290 |
Housing Distribution
Address Breakdown
Residential
2,144
Single Family
2,086
Multi-Family
58
Businesses
175
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Listed by: Dan Mosser • Real Local/Real Broker, LLC
Mls Name: WUMLS
Mls ID: #20293195