1223 Lavender DrRichburgSC29729
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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 Richburg at 1223 Lavender Dr, Richburg, SC, 29729 uses $121,326 cash to close to unlock $4,196/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,528/mo, and a $1,791/mo payment keeps the spread at $350/mo. Purchase price stands at $365,990, and rental yield measures 8.29% with $2,528/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $101,116 over five years. Five-year ROI reaches 121.08% and total cumulative return in cash records $146,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,528/mo property income covering a $1,791/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29729, Richburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 869 (77.7%) |
| Renter Occupied HU | 137 (12.3%) |
| Vacant Housing Units | 112 (10.0%) |
| Median Home Value | $176,431 |
| Average Home Value | $219,384 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
148
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Listed by: Maria Wilhelm • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309141