374 S Woodfin Ridge DrInmanSC29349
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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 Inman at 374 S Woodfin Ridge Dr, Inman, SC, 29349 priced at $674,900 converts $3,167/mo rent into after a $3,303/mo obligation. Total monthly income equals $3,167/mo. Return on cash invested prints 15.47% in year one, and rental yield reads 5.63% against a $674,900 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation compiles into $186,462 by year five. Five-year ROI reaches 78.66% and total cumulative return in cash sums $174,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,167/mo property income covering a $3,303/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: NANCY KHALIL • Coldwell Banker Caine Real Est
Mls Name: SAR
Mls ID: #329409