741 New South CtWellfordSC29385
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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 741 New South Ct, Wellford, SC, 29385 offers $3,629/mo rent that, after a $3,230/mo payment. Total monthly income is $3,629/mo. Return on cash invested measures 17.94% in year one, and rental yield stands at 6.6% at a $659,990 entry. Equity gained on principal adds $4,259/yr while 5% annual appreciation compounds into $182,343 by year five. Five-year ROI records 92.08% and total cumulative return in cash reaches $199,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,629/mo property income versus a $3,230/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.57 Acres lot
$N/A/sqft
$85 monthly 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: JULIA PIPENKO • Keller Williams Realty
Mls Name: SAR
Mls Provider:
Mls ID: #327697
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.