207 Driftwood RdCross hillSC29332
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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
Rental property for sale in Cross hill at 207 Driftwood Rd, Cross hill, SC, 29332 offers $1,772/mo rent that, after a $1,488/mo payment. Total monthly income is $1,772/mo. Return on cash invested measures 19.46% in year one, and rental yield stands at 6.99% at a $304,000 entry. Equity gained on principal adds $1,962/yr while 5% annual appreciation compounds into $83,990 by year five. Five-year ROI records 100.15% and total cumulative return in cash reaches $100,928. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,772/mo property income versus a $1,488/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Susan Long • Susan Long Realty, LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134893