325 Lakewood 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 325 Lakewood Dr, Townville, SC, 29689 generates $1,741/mo in rent and, after a $857/mo payment, leaves $699/mo in cash flow. Total monthly income is $1,741/mo, and annual cash flow is $8,386/yr on $58,013 invested. Return on cash invested sits at 34.36% in year one, and rental yield is 11.94% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 180.06% and total cumulative return in cash sums $104,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,741/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
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: April Breton • Real Estate Market Place
Mls Name: WUMLS
Mls ID: #20295469