3204 Mitchum LnSumterSC29154
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3204 Mitchum Ln, Sumter, SC, 29154 in Sumter is narrow, $165/mo net on $2,040/mo rent after the $1,416/mo debt service, but the property operates at break-even-plus, not a loss. At $315,000 with a 7.77% yield, the long-run equity case via 5% appreciation ($87,029 over five years) and $2,901/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.44 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $129,766.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.8% |
| Monthly Cash Flow | $165 | $450 |
City averages based on Sumter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,750 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29154, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 9,147 (70.1%) |
| Renter Occupied HU | 2,836 (21.7%) |
| Vacant Housing Units | 1,057 ( 8.1%) |
| Median Home Value | $208,805 |
| Average Home Value | $213,824 |
Housing Distribution
Address Breakdown
Residential
13,104
Single Family
12,791
Multi-Family
313
Businesses
335
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
Single Family
Built in 2010
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29154, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 9,147 (70.1%) |
| Renter Occupied HU | 2,836 (21.7%) |
| Vacant Housing Units | 1,057 ( 8.1%) |
| Median Home Value | $208,805 |
| Average Home Value | $213,824 |
Housing Distribution
Address Breakdown
Residential
13,104
Single Family
12,791
Multi-Family
313
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Silvia Holliday • Re/Max Summit
Mls Name: Sumter BOR
Mls ID: #200973