2040 Goodman RdLynchburgSC29080
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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 Lynchburg at 2040 Goodman Rd, Lynchburg, SC, 29080 earns $223/mo cash flow from $1,050/mo rent with a $680/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $2,676/yr on $46,045 capital. ROI tracks 25.72% on current figures, and rental yield reads 9.07% at a $138,900 purchase. Equity gained on principal adds $896/yr, and 5% annual appreciation supports $38,376 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash sums $61,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Single Family
Built in 2004
N/A 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: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #94317602534AUCN3