1121 Lookout PointLeesvilleSC29070
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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 Leesville at 1121 Lookout Point, Leesville, SC, 29070 generates $15,000/mo in rent and, after a $2,638/mo payment, leaves $11,792/mo in cash flow. Total monthly income is $15,000/mo, and annual cash flow is $141,499/yr on $177,331 invested. Return on cash invested sits at 99.85% in year one, and rental yield is 33.4% on a $539,000 entry. Equity gained on principal adds $3,478/yr, while 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 531.2% and total cumulative return in cash sums $941,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $15,000/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: Scott Simon • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #612623