2944 Lamar HwyDarlingtonSC29532
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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 Darlington at 2944 Lamar Hwy, Darlington, SC, 29532 uses $67,924 cash to close to unlock $8,330/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,003/mo payment keeps the spread at $694/mo. Purchase price stands at $204,900, and rental yield measures 11.21% with $1,914/mo rent. Return on cash invested shows 32.17% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 168.34% and total cumulative return in cash records $114,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29532, Darlington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,833 (100%) |
| Owner Occupied HU | 5,292 (59.9%) |
| Renter Occupied HU | 2,526 (28.6%) |
| Vacant Housing Units | 1,015 (11.5%) |
| Median Home Value | $153,475 |
| Average Home Value | $205,527 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
8,495
Multi-Family
90
Businesses
581
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Listed by: Coye F Sanders • Carolinas Full Service Realty
Mls Name: Pee Dee Realtor Association
Mls ID: #20253316