904 Kerwood StWellfordSC29385
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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 904 Kerwood St, Wellford, SC, 29385 priced at $264,500 converts $2,300/mo rent into $725/mo cash flow after a $1,295/mo obligation. Total monthly income equals $2,300/mo, and annual cash flow totals $8,701/yr on $87,682 invested. Return on cash invested prints 29.83% in year one, and rental yield reads 10.43% against a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation compiles into $73,076 by year five. Five-year ROI reaches 155.8% and total cumulative return in cash sums $136,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,300/mo property income covering a $1,295/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 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: Akande Ith Smith • D.R. Horton
Mls Name: SAR
Mls Provider:
Mls ID: #312660
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.