118 McQueen StSumterSC29150
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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 118 McQueen St, Sumter, SC, 29150 priced at $155,000 pairs $1,215/mo rent with $292/mo cash flow after a $759/mo payment. Total monthly income equals $1,215/mo, and annual cash flow comes to $3,504/yr on $51,383 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 9.41% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 139.11% and total cumulative return in cash reaches $71,476. For financing, Ziffy Mortgage’s DSCR program evaluates $1,215/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.46 Acres 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: Landy Butters • Berkshire Hathaway HS Brabham
Mls Name: Sumter BOR
Mls ID: #200933