140 Pickens RdWestminsterSC29693
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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 Westminster at 140 Pickens Rd, Westminster, SC, 29693 with 5% annual appreciation on a $408,000 basis while $2,449/mo rent supports operations. Total monthly income totals $2,449/mo and a $1,997/mo payment preserves $20/mo for cash returns. Annual cash flow comes to $242/yr on $135,252 deployed, and return on cash invested reaches 20.09% in year one. Equity gained on principal adds $2,633/yr, and five-year appreciation sums $112,723 alongside rental yield of 7.2%. Five-year ROI measures 103.51% and total cumulative return in cash totals $139,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,449/mo property income versus a $1,997/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
N/A 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: Cindy Frick • Clardy Real Estate
Mls Name: WUMLS
Mls ID: #20293339