205 Lakeview DrCowpensSC29330
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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 Cowpens at 205 Lakeview Dr, Cowpens, SC, 29330 generates $1,681/mo in rent and, after a $832/mo payment, leaves $561/mo in cash flow. Total monthly income is $1,681/mo, and annual cash flow is $6,736/yr on $56,322 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.87% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 167.58% and total cumulative return in cash sums $94,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,681/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29330, Cowpens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,112 (100%) |
| Owner Occupied HU | 2,952 (71.8%) |
| Renter Occupied HU | 804 (19.6%) |
| Vacant Housing Units | 356 ( 8.7%) |
| Median Home Value | $219,954 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
3,563
Single Family
3,491
Multi-Family
72
Businesses
179
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Listed by: David Fowler • Region South Realty, LLC
Mls Name: SAR
Mls Provider:
Mls ID: #318010
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.