744 Cauthen StLancasterSC29730
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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 Lancaster at 744 Cauthen St, Lancaster, SC, 29730 offers a 8.06% rental yield on a $244,900 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $1,199/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,242/yr on $81,184 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 117.35% and total cumulative return in cash at $95,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29730, Rock Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,777 (100%) |
| Owner Occupied HU | 15,536 (58.0%) |
| Renter Occupied HU | 9,205 (34.4%) |
| Vacant Housing Units | 2,036 ( 7.6%) |
| Median Home Value | $308,047 |
| Average Home Value | $338,248 |
Housing Distribution
Address Breakdown
Residential
25,370
Single Family
22,944
Multi-Family
2,426
Businesses
1,808
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Listed by: Paul Lindemann • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306873