450 Lakeshore DrLeesvilleSC29070
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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
Rental property for sale in Leesville at 450 Lakeshore Dr, Leesville, SC, 29070 offers $2,760/mo rent that, after a $6,240/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 6.34% in year one, and rental yield stands at 2.6% at a $1,275,000 entry. Equity gained on principal adds $8,227/yr while 5% annual appreciation compounds into $352,259 by year five. Five-year ROI records 29.67% and total cumulative return in cash reaches $122,570. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $6,240/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: Welby Fowler • Experienced Real Est Group LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611711
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC