1169 MelfordLymanSC29385
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
Investment Highlights
Investment property for sale in Lyman at 1169 Melford, Lyman, SC, 29385 with 5% annual appreciation on a $389,944 basis while $3,414/mo rent supports operations. Total monthly income totals $3,414/mo and a $1,909/mo payment preserves $1,037/mo for cash returns. Annual cash flow comes to $12,450/yr on $129,266 deployed, and return on cash invested reaches 29.54% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,734 alongside rental yield of 10.51%. Five-year ROI measures 154.37% and total cumulative return in cash totals $199,551.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,414/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
$658 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29385, Wellford, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,022 (100%) |
| Owner Occupied HU | 2,850 (70.9%) |
| Renter Occupied HU | 799 (19.9%) |
| Vacant Housing Units | 373 ( 9.3%) |
| Median Home Value | $242,413 |
| Average Home Value | $274,051 |
Housing Distribution
Address Breakdown
Residential
3,821
Single Family
3,821
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Forbes • Coldwell Banker Caine
Mls Name: SAR
Mls Provider:
Mls ID: #311883
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.