1516 Purrington LnLymanSC29365
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
Investment property for sale in Lyman at 1516 Purrington Ln, Lyman, SC, 29365 at $213,999 posts ROI 40.35% with $1,209/mo cash flow from $2,482/mo rent. Total monthly income equals $2,482/mo, and annual cash flow records $14,502/yr on $70,941 to close. Return on cash invested measures 40.35% and rental yield reads 13.92% at the current $213,999. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 by year five. Five-year ROI prints 212.19% and total cumulative return in cash totals $150,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,482/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29365, Lyman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,888 (100%) |
| Owner Occupied HU | 4,941 (83.9%) |
| Renter Occupied HU | 691 (11.7%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $274,008 |
| Average Home Value | $303,507 |
Housing Distribution
Address Breakdown
Residential
5,977
Single Family
5,948
Multi-Family
29
Businesses
293
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A