509 Laurens AveSumterSC29154
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 Sumter at 509 Laurens Ave, Sumter, SC, 29154 priced at $182,000 pairs $1,466/mo rent with $382/mo cash flow after a $891/mo payment. Total monthly income equals $1,466/mo, and annual cash flow comes to $4,589/yr on $60,333 invested. Return on cash invested is 27.51% in year one, and rental yield stands at 9.67% on a $182,000 basis. Equity gained on principal adds $1,174/yr, and 5% annual appreciation accumulates to $50,283 by year five. Five-year ROI measures 143.34% and total cumulative return in cash reaches $86,481. For financing, Ziffy Mortgage’s DSCR program evaluates $1,466/mo property income against a $891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29154, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 9,147 (70.1%) |
| Renter Occupied HU | 2,836 (21.7%) |
| Vacant Housing Units | 1,057 ( 8.1%) |
| Median Home Value | $208,805 |
| Average Home Value | $213,824 |
Housing Distribution
Address Breakdown
Residential
13,104
Single Family
12,791
Multi-Family
313
Businesses
335
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Listed by: Tiffany M Neal • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601251
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC