1035 Lorenzo Davis RdEastoverSC29044
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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 Eastover at 1035 Lorenzo Davis Rd, Eastover, SC, 29044 generates $5,370/mo in rent and, after a $2,937/mo payment, leaves $1,798/mo in cash flow. Total monthly income is $5,370/mo, and annual cash flow is $21,576/yr on $197,400 invested. Return on cash invested sits at 30.99% in year one, and rental yield is 10.74% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 161.91% and total cumulative return in cash sums $319,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29044, Eastover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,868 (70.0%) |
| Renter Occupied HU | 448 (16.8%) |
| Vacant Housing Units | 352 (13.2%) |
| Median Home Value | $160,553 |
| Average Home Value | $215,648 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
129
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Listed by: Sarah Jane Gibson • Keller Williams Palmetto
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #593483
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC