424 Sherwood DrSenecaSC29678
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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 Seneca at 424 Sherwood Dr, Seneca, SC, 29678 with 5% annual appreciation on a $195,900 basis while $2,288/mo rent supports operations. Total monthly income totals $2,288/mo and a $959/mo payment preserves $980/mo for cash returns. Annual cash flow comes to $11,760/yr on $64,941 deployed, and return on cash invested reaches 38.02% in year one. Equity gained on principal adds $1,264/yr, and five-year appreciation sums $54,124 alongside rental yield of 14.02%. Five-year ROI measures 200.59% and total cumulative return in cash totals $130,265.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,288/mo property income versus a $959/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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