236 Wells StLake CitySC29560
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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 Lake City at 236 Wells St, Lake City, SC, 29560 at $149,500 posts ROI 26.34% with $266/mo cash flow from $1,156/mo rent. Total monthly income equals $1,156/mo, and annual cash flow records $3,189/yr on $49,559 to close. Return on cash invested measures 26.34% and rental yield reads 9.28% at the current $149,500. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 by year five. Five-year ROI prints 137.06% and total cumulative return in cash totals $67,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.38 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: Maggie Cooper • Lpt Realty, Llc.
Mls Name: Pee Dee Realtor Association
Mls ID: #20250920