749 W Brooklyn AveLancasterSC29720
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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 749 W Brooklyn Ave, Lancaster, SC, 29720 with 5% annual appreciation on a $212,499 basis while $1,397/mo rent supports operations. Total monthly income totals $1,397/mo and a $1,040/mo payment preserves $57/mo for cash returns. Annual cash flow comes to $686/yr on $70,443 deployed, and return on cash invested reaches 20.88% in year one. Equity gained on principal adds $1,371/yr, and five-year appreciation sums $58,710 alongside rental yield of 7.89%. Five-year ROI measures 108.29% and total cumulative return in cash totals $76,280.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,397/mo property income versus a $1,040/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29720, Lancaster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,458 (100%) |
| Owner Occupied HU | 17,867 (73.1%) |
| Renter Occupied HU | 4,998 (20.4%) |
| Vacant Housing Units | 1,593 ( 6.5%) |
| Median Home Value | $289,078 |
| Average Home Value | $332,866 |
Housing Distribution
Address Breakdown
Residential
23,661
Single Family
23,219
Multi-Family
442
Businesses
1,184
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Listed by: Ebone Gadson • David Lloyd Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #594552
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC