1923 Gracie Dr LOT 272WoodruffSC29388
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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 Woodruff at 1923 Gracie Dr LOT 272, Woodruff, SC, 29388 uses $98,754 cash to close to unlock $11,817/yr annual cash flow and $985/mo monthly cash flow. Total monthly income runs $2,758/mo, and a $1,458/mo payment keeps the spread at $985/mo. Purchase price stands at $297,900, and rental yield measures 11.11% with $2,758/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $82,304 over five years. Five-year ROI reaches 166.71% and total cumulative return in cash records $164,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,758/mo property income covering a $1,458/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29388, Woodruff, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,909 (100%) |
| Owner Occupied HU | 5,909 (74.7%) |
| Renter Occupied HU | 1,381 (17.5%) |
| Vacant Housing Units | 619 ( 7.8%) |
| Median Home Value | $260,735 |
| Average Home Value | $294,145 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,548
Multi-Family
127
Businesses
366
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Listed by: Trina Montalbano • D.R. Horton
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1551308
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.