6051 Lancaster HwyFort LawnSC29714
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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 Fort Lawn at 6051 Lancaster Hwy, Fort Lawn, SC, 29714 generates $1,424/mo in rent, after a $1,713/mo payment. Total monthly income is $1,424/mo. Return on cash invested sits at 13.09% in year one, and rental yield is 4.88% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 65.97% and total cumulative return in cash sums $76,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,424/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29714, Fort Lawn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 923 (71.5%) |
| Renter Occupied HU | 243 (18.8%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $192,386 |
| Average Home Value | $227,197 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,220
Multi-Family
0
Businesses
60
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Listed by: Adnan Maqsood • United Real Estate-Queen City
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298445