806 3rd AveLake ViewSC29563
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 806 3rd Ave, Lake View, SC, 29563 in Lake View. At $134,900 it earns $1,058/mo in rent and distributes $255/mo to the owner after the $607/mo payment, a consistent 9.41% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $37,270 in value; $1,242/yr in principal paydown compounds ownership stake. Total projected return: $67,434.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $255 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,058 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29563, Lake View, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 713 (65.6%) |
| Renter Occupied HU | 206 (19.0%) |
| Vacant Housing Units | 168 (15.5%) |
| Median Home Value | $132,270 |
| Average Home Value | $153,959 |
Housing Distribution
Address Breakdown
Residential
865
Single Family
865
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2005
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29563, Lake View, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 713 (65.6%) |
| Renter Occupied HU | 206 (19.0%) |
| Vacant Housing Units | 168 (15.5%) |
| Median Home Value | $132,270 |
| Average Home Value | $153,959 |
Housing Distribution
Address Breakdown
Residential
865
Single Family
865
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Hoey • Innovate Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #20253517