208 Hill StWellfordSC29385
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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 Wellford at 208 Hill St, Wellford, SC, 29385 offers a 9.58% rental yield on a $205,000 purchase with $1,637/mo rent. Total monthly income registers $1,637/mo, and a $1,003/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,005/yr on $67,958 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 142.09% and total cumulative return in cash at $96,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,637/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
10,454 sqft 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
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Listed by: SCOTT CASEY • CASEY GROUP REAL ESTATE, LLC
Mls Name: SAR
Mls ID: #332562