831 Ernest LnLymanSC29365
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
Investment Highlights
Rental property for sale in Lyman at 831 Ernest Ln, Lyman, SC, 29365 priced at $224,900 pairs $1,601/mo rent with $102/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,601/mo, and annual cash flow comes to $1,224/yr on $74,554 invested. Return on cash invested is 21.55% in year one, and rental yield stands at 8.54% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 112.25% and total cumulative return in cash reaches $83,689. For financing, Ziffy Mortgage’s DSCR program evaluates $1,601/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29365, Lyman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,888 (100%) |
| Owner Occupied HU | 4,941 (83.9%) |
| Renter Occupied HU | 691 (11.7%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $274,008 |
| Average Home Value | $303,507 |
Housing Distribution
Address Breakdown
Residential
5,977
Single Family
5,948
Multi-Family
29
Businesses
293
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Listed by: Kelly Jo Hard • MTH SC Realty, LLC
Mls Name: SAR
Mls Provider:
Mls ID: #324217
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 21:57:21 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#329)