755 New Zion RdLake CitySC29560
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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 Lake City at 755 New Zion Rd, Lake City, SC, 29560 uses $52,682 cash to close to unlock $32,121/yr annual cash flow and $2,677/mo monthly cash flow. Total monthly income runs $3,658/mo, and a $778/mo payment keeps the spread at $2,677/mo. Purchase price stands at $158,920, and rental yield measures 27.62% with $3,658/mo rent. Return on cash invested shows 80.88% in year one, and 5% annual appreciation builds toward $43,907 over five years. Five-year ROI reaches 429.82% and total cumulative return in cash records $226,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2019
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29560, Lake City, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 3,381 (57.5%) |
| Renter Occupied HU | 1,748 (29.7%) |
| Vacant Housing Units | 751 (12.8%) |
| Median Home Value | $144,662 |
| Average Home Value | $177,913 |
Housing Distribution
Address Breakdown
Residential
5,338
Single Family
5,243
Multi-Family
95
Businesses
661
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Listed by: N/A • N/A
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