1124 Russell AveSumterSC29150
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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 1124 Russell Ave, Sumter, SC, 29150 generates $1,625/mo in rent and, after a $896/mo payment, leaves $535/mo in cash flow. Total monthly income is $1,625/mo, and annual cash flow is $6,424/yr on $60,661 invested. Return on cash invested sits at 30.5% in year one, and rental yield is 10.66% on a $182,990 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,557 over five years. Five-year ROI reaches 159.4% and total cumulative return in cash sums $96,691. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,625/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29150, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,606 (100%) |
| Owner Occupied HU | 9,627 (51.7%) |
| Renter Occupied HU | 6,845 (36.8%) |
| Vacant Housing Units | 2,134 (11.5%) |
| Median Home Value | $207,860 |
| Average Home Value | $222,165 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
16,708
Multi-Family
1,420
Businesses
1,865
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Listed by: Paul Sorrells • RE/MAX Summit LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #593368
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC