600 S Main StWellfordSC29385
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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 Wellford at 600 S Main St, Wellford, SC, 29385 priced at $220,000 pairs $2,039/mo rent with $729/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,039/mo, and annual cash flow comes to $8,750/yr on $72,930 invested. Return on cash invested is 31.91% in year one, and rental yield stands at 11.12% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 166.93% and total cumulative return in cash reaches $121,739. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
2,178 sqft 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: Linda M Lewis • Solid Ground Properties
Mls Name: SAR
Mls ID: #330147