34 Loring DrSumterSC29150
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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 Sumter at 34 Loring Dr, Sumter, SC, 29150 offers a 7.62% rental yield on a $179,500 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $879/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $852/yr on $59,504 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $1,158/yr while 5% annual appreciation supports $49,593 over five years. Portfolio math shows five-year ROI at 110.3% and total cumulative return in cash at $65,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29150, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,606 (100%) |
| Owner Occupied HU | 9,627 (51.7%) |
| Renter Occupied HU | 6,845 (36.8%) |
| Vacant Housing Units | 2,134 (11.5%) |
| Median Home Value | $207,860 |
| Average Home Value | $222,165 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
16,708
Multi-Family
1,420
Businesses
1,865
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Listed by: Megan Strickland • ERA-Wilder Realty-Sumter
Mls Name: Sumter BOR
Mls Provider:
Mls ID: #168630
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