1121 Lookout PointLeesvilleSC29070
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1121 Lookout Point, Leesville, SC, 29070 in Leesville hard to pass up. The 33.4% gross yield on a $539,000 purchase results in $15,000/mo in rent and $11,791/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (6.19). Annual cash flow of $141,497, five-year appreciation of $148,916, and $4,964/yr in equity build-up combine for a projected total cumulative return of $962,598.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 33.4% | 6.2% |
| Monthly Cash Flow | $11,791 | $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 | $15,000 |
| Total Monthly Debt Service | $2,994 |
| DSCR Ratio | 5.01x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Simon • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #612623