295 Dorn StWestminsterSC29693
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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 Westminster at 295 Dorn St, Westminster, SC, 29693 uses $66,300 cash to close to unlock $2,608/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,408/mo, and a $979/mo payment keeps the spread at $217/mo. Purchase price stands at $200,000, and rental yield measures 8.45% with $1,408/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 123.67% and total cumulative return in cash records $81,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,408/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29693, Westminster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,628 (100%) |
| Owner Occupied HU | 5,014 (65.7%) |
| Renter Occupied HU | 1,049 (13.8%) |
| Vacant Housing Units | 1,565 (20.5%) |
| Median Home Value | $201,287 |
| Average Home Value | $262,060 |
Housing Distribution
Address Breakdown
Residential
6,839
Single Family
6,789
Multi-Family
50
Businesses
335
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Listed by: James Shull • EXP Realty, LLC
Mls Name: WUMLS
Mls ID: #20288587