35 Lake Margaret DrDenmarkSC29042
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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 Denmark at 35 Lake Margaret Dr, Denmark, SC, 29042 offers $1,466/mo rent that, after a $1,297/mo payment. Total monthly income is $1,466/mo. Return on cash invested measures 18.39% in year one, and rental yield stands at 6.64% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 94.37% and total cumulative return in cash reaches $82,899. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,466/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29042, Denmark, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,134 (50.6%) |
| Renter Occupied HU | 635 (28.3%) |
| Vacant Housing Units | 472 (21.1%) |
| Median Home Value | $122,905 |
| Average Home Value | $147,670 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,721
Multi-Family
20
Businesses
196
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Listed by: Dustin Chandler McCully • Real Broker LLC
Mls Name: Aiken MLS
Mls ID: #220746