1589 Erindale DrWellfordSC29385
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
Investment property for sale in Wellford at 1589 Erindale Dr, Wellford, SC, 29385 earns $518/mo cash flow from $2,159/mo rent with a $1,349/mo payment. Total monthly income totals $2,159/mo, and annual cash flow totals $6,220/yr on $91,361 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.4% at a $275,600 purchase. Equity gained on principal adds $1,778/yr, and 5% annual appreciation supports $76,143 over five years. Five-year ROI reaches 139.09% and total cumulative return in cash sums $127,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,159/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29385, Wellford, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,022 (100%) |
| Owner Occupied HU | 2,850 (70.9%) |
| Renter Occupied HU | 799 (19.9%) |
| Vacant Housing Units | 373 ( 9.3%) |
| Median Home Value | $242,413 |
| Average Home Value | $274,051 |
Housing Distribution
Address Breakdown
Residential
3,821
Single Family
3,821
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A