409 Pine Lake CtManningSC29102
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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 Manning at 409 Pine Lake Ct, Manning, SC, 29102 uses $134,258 cash to close to unlock $2,897/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,652/mo, and a $1,982/mo payment keeps the spread at $241/mo. Purchase price stands at $405,000, and rental yield measures 7.86% with $2,652/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 114.11% and total cumulative return in cash records $153,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,652/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Listed by: Megan W Paul • ERA-Wilder Realty-Sumter
Mls Name: Sumter BOR
Mls ID: #201285