1674 Froebe DrLancasterSC29720
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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 Lancaster at 1674 Froebe Dr, Lancaster, SC, 29720 earns $221/mo cash flow from $935/mo rent with a $587/mo payment. Total monthly income totals $935/mo, and annual cash flow totals $2,652/yr on $39,780 capital. ROI tracks 26.58% on current figures, and rental yield reads 9.35% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 138.3% and total cumulative return in cash sums $55,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $935/mo property income instead of your personal income.
Manufactured
Built in 2001
0.76 Acres 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: Sherica Rushing • LPT Realty, LLC.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4300564