615 Spring Forest DrCentralSC29630
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 Central at 615 Spring Forest Dr, Central, SC, 29630 offers $1,772/mo rent that, after a $1,931/mo payment. Total monthly income is $1,772/mo. Return on cash invested measures 14.62% in year one, and rental yield stands at 5.39% at a $394,500 entry. Equity gained on principal adds $2,546/yr while 5% annual appreciation compounds into $108,993 by year five. Five-year ROI records 74.17% and total cumulative return in cash reaches $97,001. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,772/mo property income versus a $1,931/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29630, Central, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,159 (100%) |
| Owner Occupied HU | 3,817 (46.8%) |
| Renter Occupied HU | 3,486 (42.7%) |
| Vacant Housing Units | 856 (10.5%) |
| Median Home Value | $273,468 |
| Average Home Value | $318,577 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
5,102
Multi-Family
1,809
Businesses
228
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Nearby investment properties with comparable prices
Listed by: Daniel Sanders • Keller Williams Clemson
Mls Name: WUMLS
Mls ID: #20295264