401 Woodson RdPiedmontSC29673
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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 Piedmont at 401 Woodson Rd, Piedmont, SC, 29673 generates $3,347/mo in rent and, after a $2,519/mo payment, leaves $283/mo in cash flow. Total monthly income is $3,347/mo, and annual cash flow is $3,400/yr on $169,327 invested. Return on cash invested sits at 22.07% in year one, and rental yield is 7.8% on a $514,673 entry. Equity gained on principal adds $3,321/yr, while 5% annual appreciation builds toward $142,195 over five years. Five-year ROI reaches 114.09% and total cumulative return in cash sums $193,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,347/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Michael McGreevey • Herlong Sotheby's International
Mls Name: WUMLS
Mls ID: #20296440