1528 Magnolia Dr #8LancasterSC29720
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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 Lancaster at 1528 Magnolia Dr #8, Lancaster, SC, 29720 generates $3,355/mo in rent and, after a $2,009/mo payment, leaves $912/mo in cash flow. Total monthly income is $3,355/mo, and annual cash flow is $10,939/yr on $136,081 invested. Return on cash invested sits at 27.95% in year one, and rental yield is 9.81% on a $410,500 entry. Equity gained on principal adds $2,649/yr, while 5% annual appreciation builds toward $113,414 over five years. Five-year ROI reaches 145.64% and total cumulative return in cash sums $198,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,355/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29720, Lancaster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,458 (100%) |
| Owner Occupied HU | 17,867 (73.1%) |
| Renter Occupied HU | 4,998 (20.4%) |
| Vacant Housing Units | 1,593 ( 6.5%) |
| Median Home Value | $289,078 |
| Average Home Value | $332,866 |
Housing Distribution
Address Breakdown
Residential
23,661
Single Family
23,219
Multi-Family
442
Businesses
1,184
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Listed by: N/A • N/A
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