5 Lake Farm CtTravelers RestSC29690
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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 Travelers Rest at 5 Lake Farm Ct, Travelers Rest, SC, 29690 priced at $411,240 converts $2,798/mo rent into $329/mo cash flow after a $2,013/mo obligation. Total monthly income equals $2,798/mo, and annual cash flow totals $3,951/yr on $136,326 invested. Return on cash invested prints 22.81% in year one, and rental yield reads 8.16% against a $411,240 entry. Equity gained on principal adds $2,654/yr, while 5% annual appreciation compiles into $113,618 by year five. Five-year ROI reaches 118.16% and total cumulative return in cash sums $161,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,798/mo property income covering a $2,013/mo payment, not borrower’s personal income.
Single Family
Built in 2006
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29690, Travelers Rest, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,329 (100%) |
| Owner Occupied HU | 7,764 (75.2%) |
| Renter Occupied HU | 1,792 (17.3%) |
| Vacant Housing Units | 773 ( 7.5%) |
| Median Home Value | $381,494 |
| Average Home Value | $436,149 |
Housing Distribution
Address Breakdown
Residential
9,877
Single Family
9,650
Multi-Family
227
Businesses
812
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