132 Lawrence LnChesneeSC29323
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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 Chesnee at 132 Lawrence Ln, Chesnee, SC, 29323 generates $2,902/mo in rent and, after a $2,203/mo payment, leaves $223/mo in cash flow. Total monthly income is $2,902/mo, and annual cash flow is $2,673/yr on $149,175 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 7.74% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $167,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,902/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Listed by: Parker Mcgraw • Keller Williams Realty
Mls Name: SAR
Mls Provider:
Mls ID: #321633
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.