8435 Norman Forest RdLancasterSC29720
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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 Lancaster at 8435 Norman Forest Rd, Lancaster, SC, 29720 listed at $376,999 pairs $2,394/mo rent with a $1,845/mo payment to leave $150/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $1,800/yr on $124,975 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.62% at a $376,999 basis. Equity gained on principal adds $2,433/yr, and annual property appreciation at 5% supports $104,158 by year five. Five-year ROI tracks 110.29% and total cumulative return in cash totals $137,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,845/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29720, Lancaster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,458 (100%) |
| Owner Occupied HU | 17,867 (73.1%) |
| Renter Occupied HU | 4,998 (20.4%) |
| Vacant Housing Units | 1,593 ( 6.5%) |
| Median Home Value | $289,078 |
| Average Home Value | $332,866 |
Housing Distribution
Address Breakdown
Residential
23,661
Single Family
23,219
Multi-Family
442
Businesses
1,184
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Listed by: Lee Anne Barbrey • Lennar Sales Corp
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298524