1945 Castlerock DrSumterSC29153
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
Rental property for sale in Sumter at 1945 Castlerock Dr, Sumter, SC, 29153 priced at $324,600 converts $2,640/mo rent into $666/mo cash flow after a $1,589/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $7,990/yr on $107,605 invested. Return on cash invested prints 27.33% in year one, and rental yield reads 9.76% against a $324,600 entry. Equity gained on principal adds $2,095/yr, while 5% annual appreciation compiles into $89,681 by year five. Five-year ROI reaches 142.51% and total cumulative return in cash sums $153,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,589/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29153, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,840 (100%) |
| Owner Occupied HU | 4,558 (66.6%) |
| Renter Occupied HU | 1,622 (23.7%) |
| Vacant Housing Units | 660 ( 9.6%) |
| Median Home Value | $184,715 |
| Average Home Value | $212,384 |
Housing Distribution
Address Breakdown
Residential
6,907
Single Family
6,785
Multi-Family
122
Businesses
301
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Listed by: Susan R Thompson • RE/MAX Summit LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601938
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC