3116 McKnight RdLynchburgSC29080
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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 Lynchburg at 3116 McKnight Rd, Lynchburg, SC, 29080 uses $66,300 cash to close to unlock $1,888/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $979/mo payment keeps the spread at $157/mo. Purchase price stands at $200,000, and rental yield measures 8.09% with $1,348/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 117.86% and total cumulative return in cash records $78,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1905
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29080, Lynchburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,277 (100%) |
| Owner Occupied HU | 877 (68.7%) |
| Renter Occupied HU | 163 (12.8%) |
| Vacant Housing Units | 237 (18.6%) |
| Median Home Value | $185,081 |
| Average Home Value | $187,366 |
Housing Distribution
Address Breakdown
Residential
1,224
Single Family
1,224
Multi-Family
0
Businesses
65
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