2060 Loring Mill RdSumterSC29150
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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 Sumter at 2060 Loring Mill Rd, Sumter, SC, 29150 listed at $569,900 pairs $3,541/mo rent with a $2,789/mo payment to leave $149/mo cash flow. Total monthly income runs $3,541/mo, and annual cash flow reaches $1,786/yr on $187,497 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 7.46% at a $569,900 basis. Equity gained on principal adds $3,677/yr, and annual property appreciation at 5% supports $157,453 by year five. Five-year ROI tracks 108.41% and total cumulative return in cash totals $203,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,541/mo property income relative to a $2,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29150, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,606 (100%) |
| Owner Occupied HU | 9,627 (51.7%) |
| Renter Occupied HU | 6,845 (36.8%) |
| Vacant Housing Units | 2,134 (11.5%) |
| Median Home Value | $207,860 |
| Average Home Value | $222,165 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
16,708
Multi-Family
1,420
Businesses
1,865
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Listed by: N/A • N/A
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Mls ID: #N/A