2149 Jonesville Lockhart HwyUnionSC29379
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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 Union at 2149 Jonesville Lockhart Hwy, Union, SC, 29379 offers a 9.63% rental yield on a $189,900 purchase with $1,524/mo rent. Total monthly income registers $1,524/mo, and a $929/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,728/yr on $62,952 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 142.9% and total cumulative return in cash at $89,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: KENNY O'SHIELDS • New Horizon Realty OShields RE
Mls Name: SAR
Mls ID: #331020