508 Landseer DrLandrumSC29356
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
Rental property for sale in Landrum at 508 Landseer Dr, Landrum, SC, 29356 priced at $359,900 converts $2,917/mo rent into $774/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,917/mo, and annual cash flow totals $9,289/yr on $119,307 invested. Return on cash invested prints 27.7% in year one, and rental yield reads 9.73% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 144.32% and total cumulative return in cash sums $172,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,917/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29356, Landrum, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,752 (100%) |
| Owner Occupied HU | 3,521 (74.1%) |
| Renter Occupied HU | 557 (11.7%) |
| Vacant Housing Units | 674 (14.2%) |
| Median Home Value | $407,564 |
| Average Home Value | $511,720 |
Housing Distribution
Address Breakdown
Residential
4,424
Single Family
4,011
Multi-Family
413
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A