1611 Wheat StSumterSC29154
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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 Sumter at 1611 Wheat St, Sumter, SC, 29154 with 5% annual appreciation on a $174,900 basis while $1,620/mo rent supports operations. Total monthly income totals $1,620/mo and a $856/mo payment preserves $579/mo for cash returns. Annual cash flow comes to $6,947/yr on $57,979 deployed, and return on cash invested reaches 31.89% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 11.11%. Five-year ROI measures 166.78% and total cumulative return in cash totals $96,696.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29154, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 9,147 (70.1%) |
| Renter Occupied HU | 2,836 (21.7%) |
| Vacant Housing Units | 1,057 ( 8.1%) |
| Median Home Value | $208,805 |
| Average Home Value | $213,824 |
Housing Distribution
Address Breakdown
Residential
13,104
Single Family
12,791
Multi-Family
313
Businesses
335
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Listed by: Michelle Gainey • Advantage Realty Group Inc
Mls Name: Consolidated MLS
Mls ID: #615930