24 Springbrook CtWellfordSC29385
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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 Wellford at 24 Springbrook Ct, Wellford, SC, 29385 generates $2,005/mo in rent and, after a $1,165/mo payment, leaves $336/mo in cash flow. Total monthly income is $2,005/mo, and annual cash flow is $4,032/yr on $78,897 invested. Return on cash invested sits at 25.02% in year one, and rental yield is 10.11% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 131.39% and total cumulative return in cash sums $103,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
1 Acres 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: STEPHEN SATTERFIELD • GRACE REAL ESTATE LLC
Mls Name: SAR
Mls Provider:
Mls ID: #327417
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.