37 Lynn AveCherawSC29520
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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
Rental property for sale in Cheraw at 37 Lynn Ave, Cheraw, SC, 29520 priced at $209,000 pairs $1,716/mo rent with $472/mo cash flow after a $1,023/mo payment. Total monthly income equals $1,716/mo, and annual cash flow comes to $5,662/yr on $69,284 invested. Return on cash invested is 28.08% in year one, and rental yield stands at 9.85% on a $209,000 basis. Equity gained on principal adds $1,349/yr, and 5% annual appreciation accumulates to $57,743 by year five. Five-year ROI measures 146.36% and total cumulative return in cash reaches $101,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,716/mo property income against a $1,023/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29520, Cheraw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 3,863 (61.2%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 955 (15.1%) |
| Median Home Value | $144,354 |
| Average Home Value | $176,859 |
Housing Distribution
Address Breakdown
Residential
5,865
Single Family
5,848
Multi-Family
17
Businesses
584
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Listed by: Mary D Anderson • Lewis Realty
Mls Name: Pee Dee Realtor Association
Mls ID: #20253957