428 Westmoreland DrCloverSC29710
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clover at 428 Westmoreland Dr, Clover, SC, 29710 priced at $369,900 converts $2,260/mo rent into $59/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,260/mo, and annual cash flow totals $702/yr on $122,622 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 7.33% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 105.61% and total cumulative return in cash sums $129,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,260/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Nathan Moss • Dickson & Associates Realtors
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284748