3129 Bridgewater St #3E-61LancasterSC29720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lancaster at 3129 Bridgewater St #3E-61, Lancaster, SC, 29720 earns $198/mo cash flow from $3,466/mo rent with a $2,687/mo payment. Total monthly income totals $3,466/mo, and annual cash flow totals $2,376/yr on $180,621 capital. ROI tracks 21.38% on current figures, and rental yield reads 7.58% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash sums $199,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,466/mo property income instead of your personal income.
Single Family
Built in 2018
0.19 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Strollo • Rinehart Realty Corp- Fort Mil
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315442