1101 E 3rd AveLake ViewSC29563
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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 Lake View at 1101 E 3rd Ave, Lake View, SC, 29563 generates $1,840/mo in rent and, after a $1,297/mo payment, leaves $263/mo in cash flow. Total monthly income is $1,840/mo, and annual cash flow is $3,151/yr on $87,848 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 8.33% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $106,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29563, Lake View, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 713 (65.6%) |
| Renter Occupied HU | 206 (19.0%) |
| Vacant Housing Units | 168 (15.5%) |
| Median Home Value | $132,270 |
| Average Home Value | $153,959 |
Housing Distribution
Address Breakdown
Residential
865
Single Family
865
Multi-Family
0
Businesses
70
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Listed by: William Causey • Swamp Fox Realty & Appraisals
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20244713
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.