417 Lyerly StLake CitySC29560
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
Investment Highlights
Investment property for sale in Lake City at 417 Lyerly St, Lake City, SC, 29560 uses $49,725 cash to close to unlock $4,767/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $1,290/mo, and a $734/mo payment keeps the spread at $397/mo. Purchase price stands at $149,999, and rental yield measures 10.32% with $1,290/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 154% and total cumulative return in cash records $76,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,290/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29560, Lake City, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 3,381 (57.5%) |
| Renter Occupied HU | 1,748 (29.7%) |
| Vacant Housing Units | 751 (12.8%) |
| Median Home Value | $144,662 |
| Average Home Value | $177,913 |
Housing Distribution
Address Breakdown
Residential
5,338
Single Family
5,243
Multi-Family
95
Businesses
661
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kadeisa Hankins • Lpt Realty, Llc.
Mls Name: Pee Dee Realtor Association
Mls ID: #20253941