2146 Green RdLake CitySC29560
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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 Lake City at 2146 Green Rd, Lake City, SC, 29560 uses $39,780 cash to close to unlock $3,228/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $983/mo, and a $587/mo payment keeps the spread at $269/mo. Purchase price stands at $120,000, and rental yield measures 9.83% with $983/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 146.02% and total cumulative return in cash records $58,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29560, Lake City, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 3,381 (57.5%) |
| Renter Occupied HU | 1,748 (29.7%) |
| Vacant Housing Units | 751 (12.8%) |
| Median Home Value | $144,662 |
| Average Home Value | $177,913 |
Housing Distribution
Address Breakdown
Residential
5,338
Single Family
5,243
Multi-Family
95
Businesses
661
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Listed by: Karon M Epps • Epps Miles Eaddy Realty Inc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20250848
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