1469 Bay Branch RdLamarSC29069
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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 Lamar at 1469 Bay Branch Rd, Lamar, SC, 29069 offers $1,176/mo rent that, after a $1,101/mo payment. Total monthly income is $1,176/mo. Return on cash invested measures 17.28% in year one, and rental yield stands at 6.27% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 88.45% and total cumulative return in cash reaches $65,973. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,176/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29069, Lamar, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,284 (100%) |
| Owner Occupied HU | 1,545 (67.6%) |
| Renter Occupied HU | 392 (17.2%) |
| Vacant Housing Units | 347 (15.2%) |
| Median Home Value | $169,986 |
| Average Home Value | $188,426 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,840
Multi-Family
0
Businesses
87
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Listed by: Wayne V Bennett • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251421
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.