1060 Boulevard RdSumterSC29153
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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 Sumter at 1060 Boulevard Rd, Sumter, SC, 29153 generates $1,780/mo in rent and, after a $930/mo payment, leaves $649/mo in cash flow. Total monthly income is $1,780/mo, and annual cash flow is $7,787/yr on $62,985 invested. Return on cash invested sits at 32.27% in year one, and rental yield is 11.24% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 168.84% and total cumulative return in cash sums $106,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,780/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29153, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,840 (100%) |
| Owner Occupied HU | 4,558 (66.6%) |
| Renter Occupied HU | 1,622 (23.7%) |
| Vacant Housing Units | 660 ( 9.6%) |
| Median Home Value | $184,715 |
| Average Home Value | $212,384 |
Housing Distribution
Address Breakdown
Residential
6,907
Single Family
6,785
Multi-Family
122
Businesses
301
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Listed by: Susan R. Thompson • Re/Max Summit
Mls Name: Sumter BOR
Mls ID: #201114