232 Cobridge LnWoodruffSC29388
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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 Woodruff at 232 Cobridge Ln, Woodruff, SC, 29388 priced at $249,999 converts $1,729/mo rent into $240/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,729/mo, and annual cash flow totals $2,885/yr on $82,875 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 8.3% against a $249,999 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 121.24% and total cumulative return in cash sums $100,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,729/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,840 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: Katherine Jarrett • LENNAR CAROLINAS, LLC
Mls Name: SAR
Mls ID: #331473