2620 Lockhart HwyUnionSC29379
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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
Investment property for sale in Union at 2620 Lockhart Hwy, Union, SC, 29379 listed at $145,000 pairs $1,161/mo rent with a $710/mo payment to leave $298/mo cash flow. Total monthly income runs $1,161/mo, and annual cash flow reaches $3,571/yr on $48,068 cash to close. Return on cash invested measures 27.34% in year one, and rental yield registers 9.61% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 142.42% and total cumulative return in cash totals $68,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,161/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: Carolyn Harris • EXP Realty LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1565328
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.