124 Wells RdGoose CreekSC29445
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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 Goose Creek at 124 Wells Rd, Goose Creek, SC, 29445 priced at $365,000 converts $2,534/mo rent into $362/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,534/mo, and annual cash flow totals $4,341/yr on $120,998 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 8.33% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 121.76% and total cumulative return in cash sums $147,331. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,534/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
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Listed by: N/A • Brand Name Real Estate
Mls Name: CTMLS
Mls ID: #25021833