406 Lakeport DrGreenwoodSC29649
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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 Greenwood at 406 Lakeport Dr, Greenwood, SC, 29649 listed at $685,000 pairs $2,836/mo rent with a $3,353/mo payment. Total monthly income runs $2,836/mo. Return on cash invested measures 13.28% in year one, and rental yield registers 4.97% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 66.98% and total cumulative return in cash totals $150,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,836/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
0.83 Acres lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29649, Greenwood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,573 (100%) |
| Owner Occupied HU | 8,071 (64.2%) |
| Renter Occupied HU | 3,448 (27.4%) |
| Vacant Housing Units | 1,054 ( 8.4%) |
| Median Home Value | $239,091 |
| Average Home Value | $287,801 |
Housing Distribution
Address Breakdown
Residential
12,380
Single Family
11,329
Multi-Family
1,051
Businesses
1,128
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Listed by: Tony Curreri • Lakelands Realty, LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132883
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.