845 Ernest LnLymanSC29365
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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 Lyman at 845 Ernest Ln, Lyman, SC, 29365 uses $80,521 cash to close to unlock $1,451/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $1,189/mo payment keeps the spread at $121/mo. Purchase price stands at $242,900, and rental yield measures 8.53% with $1,727/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 113.05% and total cumulative return in cash records $91,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $1,189/mo payment rather than investor’s personal income.
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: #326114
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.