514 Dewayne DrWellfordSC29385
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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 Wellford at 514 Dewayne Dr, Wellford, SC, 29385 offers $1,885/mo rent that, after a $979/mo payment, leaves $694/mo cash flow. Total monthly income is $1,885/mo, and annual cash flow is $8,332/yr on $66,300 cash. Return on cash invested measures 32.48% in year one, and rental yield stands at 11.31% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 169.97% and total cumulative return in cash reaches $112,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,885/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1993
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29385, Wellford, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,022 (100%) |
| Owner Occupied HU | 2,850 (70.9%) |
| Renter Occupied HU | 799 (19.9%) |
| Vacant Housing Units | 373 ( 9.3%) |
| Median Home Value | $242,413 |
| Average Home Value | $274,051 |
Housing Distribution
Address Breakdown
Residential
3,821
Single Family
3,821
Multi-Family
0
Businesses
144
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Listed by: Mark Rucker • KELLER WILLIAMS GREENVILLE CENTRAL
Mls Name: SAR
Mls ID: #332611