810 Twin Oak CircleLake 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 810 Twin Oak Circle, Lake City, SC, 29560 uses $64,643 cash to close to unlock $11,216/yr annual cash flow and $935/mo monthly cash flow. Total monthly income runs $2,316/mo, and a $954/mo payment keeps the spread at $935/mo. Purchase price stands at $195,000, and rental yield measures 14.25% with $2,316/mo rent. Return on cash invested shows 37.26% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 197.09% and total cumulative return in cash records $127,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,316/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.36 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: Brittany Foy Associates • Foy Realty
Mls Name: CCAR
Mls Provider:
Mls ID: #2422419
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.