403 Wesleyan DrCentralSC29630
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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 Central at 403 Wesleyan Dr, Central, SC, 29630 generates $2,580/mo in rent and, after a $1,958/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $2,384/yr on $132,600 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 7.74% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 112.17% and total cumulative return in cash sums $148,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29630, Central, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,159 (100%) |
| Owner Occupied HU | 3,817 (46.8%) |
| Renter Occupied HU | 3,486 (42.7%) |
| Vacant Housing Units | 856 (10.5%) |
| Median Home Value | $273,468 |
| Average Home Value | $318,577 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
5,102
Multi-Family
1,809
Businesses
228
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Listed by: Kimberly McCracken • Western Upstate Keller William
Mls Name: WUMLS
Mls ID: #20290661