307 Lakeview DrTownvilleSC29689
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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 Townville at 307 Lakeview Dr, Townville, SC, 29689 offers $1,992/mo rent that, after a $3,426/mo payment. Total monthly income is $1,992/mo. Return on cash invested measures 8.35% in year one, and rental yield stands at 3.42% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 40.67% and total cumulative return in cash reaches $93,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,992/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29689, Townville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,843 (100%) |
| Owner Occupied HU | 1,855 (65.2%) |
| Renter Occupied HU | 264 ( 9.3%) |
| Vacant Housing Units | 724 (25.5%) |
| Median Home Value | $419,349 |
| Average Home Value | $491,116 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,523
Multi-Family
0
Businesses
78
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Listed by: Gia Townsley • BHHS C Dan Joyner - Anderson
Mls Name: WUMLS
Mls Provider:
Mls ID: #20284875
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.