106 Lake RdLandrumSC29356
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 106 Lake Rd, Landrum, SC, 29356 in Landrum at $310,000 earns $1,930/mo in rent and nets $84/mo after the $1,394/mo payment, a 7.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $85,647 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $2,855/yr in principal paydown, total projected return reaches $122,676.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $84 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,930 |
| Total Monthly Debt Service | $1,722 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29356, Landrum, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,752 (100%) |
| Owner Occupied HU | 3,521 (74.1%) |
| Renter Occupied HU | 557 (11.7%) |
| Vacant Housing Units | 674 (14.2%) |
| Median Home Value | $407,564 |
| Average Home Value | $511,720 |
Housing Distribution
Address Breakdown
Residential
4,424
Single Family
4,011
Multi-Family
413
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29356, Landrum, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,752 (100%) |
| Owner Occupied HU | 3,521 (74.1%) |
| Renter Occupied HU | 557 (11.7%) |
| Vacant Housing Units | 674 (14.2%) |
| Median Home Value | $407,564 |
| Average Home Value | $511,720 |
Housing Distribution
Address Breakdown
Residential
4,424
Single Family
4,011
Multi-Family
413
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Young • Young's Real Estate, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1561102
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.