220 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
Rental property for sale in Lake City at 220 Brantley St, Lake City, SC, 29560 priced at $323,000 pairs $2,168/mo rent with $245/mo cash flow after a $1,581/mo payment. Total monthly income equals $2,168/mo, and annual cash flow comes to $2,942/yr on $107,075 invested. Return on cash invested is 22.66% in year one, and rental yield stands at 8.05% on a $323,000 basis. Equity gained on principal adds $2,084/yr, and 5% annual appreciation accumulates to $89,239 by year five. Five-year ROI measures 117.3% and total cumulative return in cash reaches $125,601. For financing, Ziffy Mortgage’s DSCR program evaluates $2,168/mo property income against a $1,581/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.65 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 ID: #20254550