215 Brantley StLake 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 215 Brantley St, Lake City, SC, 29560 uses $72,897 cash to close to unlock $9,183/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,074/mo, and a $1,076/mo payment keeps the spread at $765/mo. Purchase price stands at $219,900, and rental yield measures 11.32% with $2,074/mo rent. Return on cash invested shows 32.51% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 170.14% and total cumulative return in cash records $124,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.34 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: Shelley Johnson • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls ID: #2600003