1616 Lakeview AveCamdenSC29020
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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 Camden at 1616 Lakeview Ave, Camden, SC, 29020 offers a 8.04% rental yield on a $319,000 purchase with $2,137/mo rent. Total monthly income registers $2,137/mo, and a $1,561/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,861/yr on $105,749 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 117.05% and total cumulative return in cash at $123,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,137/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Jan Marsh • The Camden Group LLC
Mls Name: Consolidated MLS
Mls ID: #623726