195 McElveen CirLynchburgSC29080
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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 Lynchburg at 195 McElveen Cir, Lynchburg, SC, 29080 generates $1,872/mo in rent and, after a $685/mo payment, leaves $1,039/mo in cash flow. Total monthly income is $1,872/mo, and annual cash flow is $12,467/yr on $46,377 invested. Return on cash invested sits at 46.79% in year one, and rental yield is 16.06% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 246.7% and total cumulative return in cash sums $114,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,872/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29080, Lynchburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,277 (100%) |
| Owner Occupied HU | 877 (68.7%) |
| Renter Occupied HU | 163 (12.8%) |
| Vacant Housing Units | 237 (18.6%) |
| Median Home Value | $185,081 |
| Average Home Value | $187,366 |
Housing Distribution
Address Breakdown
Residential
1,224
Single Family
1,224
Multi-Family
0
Businesses
65
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Listed by: Sean P Austin • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20233975
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.