238 Lakeview DrBlacksburgSC29702
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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 Blacksburg at 238 Lakeview Dr, Blacksburg, SC, 29702 priced at $279,900 pairs $1,816/mo rent with $150/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,816/mo, and annual cash flow comes to $1,797/yr on $92,787 invested. Return on cash invested is 21.85% in year one, and rental yield stands at 7.79% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 112.92% and total cumulative return in cash reaches $104,773. For financing, Ziffy Mortgage’s DSCR program evaluates $1,816/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29702, Blacksburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,531 (100%) |
| Owner Occupied HU | 3,184 (70.3%) |
| Renter Occupied HU | 949 (20.9%) |
| Vacant Housing Units | 398 ( 8.8%) |
| Median Home Value | $174,119 |
| Average Home Value | $197,639 |
Housing Distribution
Address Breakdown
Residential
4,480
Single Family
4,478
Multi-Family
2
Businesses
285
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Listed by: JEFF BUICE • Buice Realty, Inc.
Mls Name: SAR
Mls ID: #330014