426 Wolfbend RdReidvilleSC29388
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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 Reidville at 426 Wolfbend Rd, Reidville, SC, 29388 priced at $368,000 converts $3,060/mo rent into $850/mo cash flow after a $1,801/mo obligation. Total monthly income equals $3,060/mo, and annual cash flow totals $10,199/yr on $121,992 invested. Return on cash invested prints 28.27% in year one, and rental yield reads 9.98% against a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,672 by year five. Five-year ROI reaches 147.42% and total cumulative return in cash sums $179,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29388, Woodruff, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,909 (100%) |
| Owner Occupied HU | 5,909 (74.7%) |
| Renter Occupied HU | 1,381 (17.5%) |
| Vacant Housing Units | 619 ( 7.8%) |
| Median Home Value | $260,735 |
| Average Home Value | $294,145 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,548
Multi-Family
127
Businesses
366
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Listed by: Kimberly Evans • KB Global Solutions, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1535660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.