843 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 843 Ernest Ln, Lyman, SC, 29365 priced at $242,800 converts $1,920/mo rent into $475/mo cash flow after a $1,188/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $5,700/yr on $80,488 invested. Return on cash invested prints 26.99% in year one, and rental yield reads 9.49% against a $242,800 entry. Equity gained on principal adds $1,567/yr, while 5% annual appreciation compiles into $67,081 by year five. Five-year ROI reaches 140.57% and total cumulative return in cash sums $113,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,188/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A