2312 Lucas StCayceSC29033
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
Investment property for sale in Cayce at 2312 Lucas St, Cayce, SC, 29033 uses $33,150 cash to close to unlock $10,562/yr annual cash flow and $880/mo monthly cash flow. Total monthly income runs $1,475/mo, and a $489/mo payment keeps the spread at $880/mo. Purchase price stands at $100,000, and rental yield measures 17.7% with $1,475/mo rent. Return on cash invested shows 51.77% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 273.53% and total cumulative return in cash records $90,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,475/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Johnson • Advantage Realty of the Upstate
Mls Name: Consolidated MLS
Mls ID: #623715