302 Forest Hill DrWestminsterSC29693
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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 302 Forest Hill Dr, Westminster, SC, 29693 listed at $299,999 pairs $1,470/mo rent with a $1,468/mo payment. Total monthly income runs $1,470/mo. Return on cash invested measures 16.1% in year one, and rental yield registers 5.88% at a $299,999 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 82.14% and total cumulative return in cash totals $81,684. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,470/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.22 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: Regina Bolt • Clardy Real Estate
Mls Name: WUMLS
Mls Provider:
Mls ID: #20291113
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.