224 Airport Cir, Lake City, SC, 29560 | $664/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1250 sft

8358 Francis Marion Rd, Effingham, SC, 29541

3 Bed
1 Bath
1275 sft

29 Sherwood St., Kingstree, SC, 29556

3 Bed
1 Bath
1040 sft

231 W Turner Gate Rd, Pamplico, SC, 29583

2 Bed
2 Bath
1288 sft

905 Fulton Ave., Kingstree, SC, 29556

Nearby investment properties with comparable prices

3 Bed
2 Bath
1190 sft

706 Saint John St, Kingstree, SC, 29556

2 Bed
1 Bath
1400 sft

952 Gausetown Rd, Kingstree, SC, 29556

2 Bed
2 Bath
1242 sft

726 Lynch Rd, Coward, SC, 29530

3 Bed
3 Bath
1568 sft

3008 Briargate Dr, Effingham, SC, 29541

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lake City at 224 Airport Cir, Lake City, SC, 29560 offers a 12.18% rental yield on a $158,000 purchase with $1,604/mo rent. Total monthly income registers $1,604/mo, and a $773/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,965/yr on $52,377 to close, and return on cash invested stands at 35.12% in year one. Equity gained on principal adds $1,020/yr while 5% annual appreciation supports $43,652 over five years. Portfolio math shows five-year ROI at 184.08% and total cumulative return in cash at $96,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,604/mo property income against a $773/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

0.41 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