276 Millwood LnWellfordSC29385
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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 276 Millwood Ln, Wellford, SC, 29385 with 5% annual appreciation on a $380,000 basis while $2,322/mo rent supports operations. Total monthly income totals $2,322/mo and a $1,860/mo payment preserves $60/mo for cash returns. Annual cash flow comes to $718/yr on $125,970 deployed, and return on cash invested reaches 20.48% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 7.33%. Five-year ROI measures 105.58% and total cumulative return in cash totals $132,997.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,322/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.50 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: Nadia Gurchenko • Ponce Realty Group
Mls Name: SAR
Mls ID: #332984