405 E 1st AveLake ViewSC29563
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Lake View rentals match the income profile of 405 E 1st Ave, Lake View, SC, 29563. Listed at $178,000, gross rent is $1,628/mo and net cash flow is $569/mo, a 10.98% yield well above national averages. DSCR 2.04 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $49,178 by year five with $1,639/yr in annual principal reduction, projecting $103,931 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $569 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,628 |
| Total Monthly Debt Service | $989 |
| DSCR Ratio | 1.65x |
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 1965
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29563, Lake View, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 713 (65.6%) |
| Renter Occupied HU | 206 (19.0%) |
| Vacant Housing Units | 168 (15.5%) |
| Median Home Value | $132,270 |
| Average Home Value | $153,959 |
Housing Distribution
Address Breakdown
Residential
865
Single Family
865
Multi-Family
0
Businesses
70
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 1965
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29563, Lake View, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 713 (65.6%) |
| Renter Occupied HU | 206 (19.0%) |
| Vacant Housing Units | 168 (15.5%) |
| Median Home Value | $132,270 |
| Average Home Value | $153,959 |
Housing Distribution
Address Breakdown
Residential
865
Single Family
865
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Pee Dee Realtor Association
Mls ID: #2600918