1315 Richtex RdWinnsboroSC29180
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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 Winnsboro at 1315 Richtex Rd, Winnsboro, SC, 29180 uses $57,018 cash to close to unlock $1,392/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $842/mo payment keeps the spread at $116/mo. Purchase price stands at $172,000, and rental yield measures 7.95% with $1,140/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash records $65,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29180, Winnsboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,243 (100%) |
| Owner Occupied HU | 3,914 (62.7%) |
| Renter Occupied HU | 1,541 (24.7%) |
| Vacant Housing Units | 788 (12.6%) |
| Median Home Value | $124,078 |
| Average Home Value | $197,230 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,569
Multi-Family
111
Businesses
452
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Listed by: Lauren Small • BHHS Midlands Real Estate
Mls Name: Consolidated MLS
Mls ID: #614184