576 S Lake Forest DrCross HillSC29332
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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
Investment property for sale in Cross Hill at 576 S Lake Forest Dr, Cross Hill, SC, 29332 with 5% annual appreciation on a $719,000 basis while $3,901/mo rent supports operations. 45% in year one. Equity gained on principal adds $4,640/yr, and five-year appreciation sums $198,646 alongside rental yield of 6.51%. Five-year ROI measures 84.57% and total cumulative return in cash totals $200,045. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,901/mo property income versus a $3,519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Wendy Bruce • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132128
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.