2871 Brendale DrLancasterSC29720
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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 Lancaster at 2871 Brendale Dr, Lancaster, SC, 29720 priced at $345,000 converts $2,818/mo rent into $764/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,818/mo, and annual cash flow totals $9,167/yr on $114,368 invested. Return on cash invested prints 27.92% in year one, and rental yield reads 9.8% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 145.51% and total cumulative return in cash sums $166,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,818/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29720, Lancaster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,458 (100%) |
| Owner Occupied HU | 17,867 (73.1%) |
| Renter Occupied HU | 4,998 (20.4%) |
| Vacant Housing Units | 1,593 ( 6.5%) |
| Median Home Value | $289,078 |
| Average Home Value | $332,866 |
Housing Distribution
Address Breakdown
Residential
23,661
Single Family
23,219
Multi-Family
442
Businesses
1,184
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Listed by: Denise Gordon • LPT Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #591222
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC