263 Doris Ann 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 263 Doris Ann Ct, Wellford, SC, 29385 priced at $280,000 converts $2,255/mo rent into $589/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,255/mo, and annual cash flow totals $7,064/yr on $92,820 invested. Return on cash invested prints 27.52% in year one, and rental yield reads 9.66% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 143.36% and total cumulative return in cash sums $133,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,255/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.63 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: Kristi Pulliam • Casey Group Real Estate - Anderson
Mls Name: WUMLS
Mls ID: #20293984