121 Emily RdLake CitySC29560
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
Rental property for sale in Lake City at 121 Emily Rd, Lake City, SC, 29560 priced at $163,900 converts $1,303/mo rent into $328/mo cash flow after a $802/mo obligation. Total monthly income equals $1,303/mo, and annual cash flow totals $3,930/yr on $54,333 invested. Return on cash invested prints 27.14% in year one, and rental yield reads 9.54% against a $163,900 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,283 by year five. Five-year ROI reaches 141.38% and total cumulative return in cash sums $76,814. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,303/mo property income covering a $802/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29560, Lake City, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 3,381 (57.5%) |
| Renter Occupied HU | 1,748 (29.7%) |
| Vacant Housing Units | 751 (12.8%) |
| Median Home Value | $144,662 |
| Average Home Value | $177,913 |
Housing Distribution
Address Breakdown
Residential
5,338
Single Family
5,243
Multi-Family
95
Businesses
661
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie Cooper • Exp Realty Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251358
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.