863 Wolverine LnWoodruffSC29388
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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
Investment property for sale in Woodruff at 863 Wolverine Ln, Woodruff, SC, 29388 listed at $337,490 pairs $2,758/mo rent with a $1,652/mo payment to leave $749/mo cash flow. Total monthly income runs $2,758/mo, and annual cash flow reaches $8,986/yr on $111,878 cash to close. Return on cash invested measures 27.94% in year one, and rental yield registers 9.81% at a $337,490 basis. Equity gained on principal adds $2,178/yr, and annual property appreciation at 5% supports $93,242 by year five. Five-year ROI tracks 145.6% and total cumulative return in cash totals $162,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,758/mo property income relative to a $1,652/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29388, Woodruff, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,909 (100%) |
| Owner Occupied HU | 5,909 (74.7%) |
| Renter Occupied HU | 1,381 (17.5%) |
| Vacant Housing Units | 619 ( 7.8%) |
| Median Home Value | $260,735 |
| Average Home Value | $294,145 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,548
Multi-Family
127
Businesses
366
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Listed by: Trina Montalbano • D.R. Horton
Mls Name: Greater Greenville AOR
Mls ID: #1554707