270 Beason StWoodruffSC29388
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Nearby investment properties with comparable prices
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 270 Beason St, Woodruff, SC, 29388 offers $1,638/mo rent that, after a $827/mo payment, leaves $632/mo cash flow. Total monthly income is $1,638/mo, and annual cash flow is $7,587/yr on $55,990 cash. Return on cash invested measures 33.46% in year one, and rental yield stands at 11.64% at a $168,900 entry. Equity gained on principal adds $1,090/yr while 5% annual appreciation compounds into $46,664 by year five. Five-year ROI records 175.27% and total cumulative return in cash reaches $98,136. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,638/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 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: Jennifer Marks Dees • RE/MAX Executive Spartanburg
Mls Name: SAR
Mls ID: #329591