620 Lamorak PlRichburgSC29729
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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 Richburg at 620 Lamorak Pl, Richburg, SC, 29729 earns $582/mo cash flow from $2,308/mo rent with a $1,419/mo payment. Total monthly income totals $2,308/mo, and annual cash flow totals $6,985/yr on $96,135 capital. ROI tracks 27.17% on current figures, and rental yield reads 9.55% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 141.53% and total cumulative return in cash sums $136,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,308/mo property income instead of your personal income.
Single Family
Built in 2023
0.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29729, Richburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 869 (77.7%) |
| Renter Occupied HU | 137 (12.3%) |
| Vacant Housing Units | 112 (10.0%) |
| Median Home Value | $176,431 |
| Average Home Value | $219,384 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
148
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Listed by: Karina Roberts • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4324327