202 S Broad StWestminsterSC29693
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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 202 S Broad St, Westminster, SC, 29693 with 5% annual appreciation on a $179,000 basis while $1,238/mo rent supports operations. Total monthly income totals $1,238/mo and a $876/mo payment preserves $173/mo for cash returns. Annual cash flow comes to $2,071/yr on $59,339 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 8.3%. Five-year ROI measures 121.28% and total cumulative return in cash totals $71,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,238/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
6,969 sqft 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: Randal Longo • I Save Realty
Mls Name: WUMLS
Mls ID: #20287821