1031 Lemon AveManningSC29102
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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 Manning at 1031 Lemon Ave, Manning, SC, 29102 generates $1,048/mo in rent and, after a $567/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,048/mo, and annual cash flow is $3,419/yr on $38,421 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.85% on a $115,900 entry. Equity gained on principal adds $748/yr, while 5% annual appreciation builds toward $32,021 over five years. Five-year ROI reaches 151.12% and total cumulative return in cash sums $58,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,048/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Listed by: Lisa Watford • Weichert Realtors - Freedom
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20252179
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.