113 Burns StLymanSC29365
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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
Investment property for sale in Lyman at 113 Burns St, Lyman, SC, 29365 offers a 9.52% rental yield on a $215,000 purchase with $1,705/mo rent. Total monthly income registers $1,705/mo, and a $1,052/mo payment leaves $425/mo available for distribution. Annual cash flow reaches $5,106/yr on $71,273 to close, and return on cash invested stands at 27.07% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 140.98% and total cumulative return in cash at $100,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,705/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29365, Lyman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,888 (100%) |
| Owner Occupied HU | 4,941 (83.9%) |
| Renter Occupied HU | 691 (11.7%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $274,008 |
| Average Home Value | $303,507 |
Housing Distribution
Address Breakdown
Residential
5,977
Single Family
5,948
Multi-Family
29
Businesses
293
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Listed by: Meri Frady • Re/Max Results - Greenville
Mls Name: SAR
Mls ID: #332428