216 Schumpert StLeesvilleSC29070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leesville at 216 Schumpert St, Leesville, SC, 29070 priced at $360,000 converts $1,985/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,985/mo. Return on cash invested prints 18.32% in year one, and rental yield reads 6.62% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 93.99% and total cumulative return in cash sums $112,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,985/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Cabrera-Alvarez • Keller Williams Palmetto
Mls Name: Consolidated MLS
Mls ID: #616224