939 Gibbons St LOT 102WellfordSC29385
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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 Wellford at 939 Gibbons St LOT 102, Wellford, SC, 29385 listed at $339,976 pairs $2,921/mo rent with a $1,664/mo payment to leave $897/mo cash flow. Total monthly income runs $2,921/mo, and annual cash flow reaches $10,766/yr on $112,702 cash to close. Return on cash invested measures 29.46% in year one, and rental yield registers 10.31% at a $339,976 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,929 by year five. Five-year ROI tracks 153.79% and total cumulative return in cash totals $173,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,921/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8,276 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: Lisa Forbes • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1576410