295 Lakewood DrSumterSC29150
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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 Sumter at 295 Lakewood Dr, Sumter, SC, 29150 priced at $380,000 converts $2,716/mo rent into $454/mo cash flow after a $1,860/mo obligation. Total monthly income equals $2,716/mo, and annual cash flow totals $5,446/yr on $125,970 invested. Return on cash invested prints 24.23% in year one, and rental yield reads 8.58% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 125.71% and total cumulative return in cash sums $158,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,716/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29150, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,606 (100%) |
| Owner Occupied HU | 9,627 (51.7%) |
| Renter Occupied HU | 6,845 (36.8%) |
| Vacant Housing Units | 2,134 (11.5%) |
| Median Home Value | $207,860 |
| Average Home Value | $222,165 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
16,708
Multi-Family
1,420
Businesses
1,865
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Listed by: Michelle Schneider • Southern Touch Home Sales, LLC
Mls Name: Sumter BOR
Mls ID: #201512