847 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
Rental property for sale in Lyman at 847 Ernest Ln, Lyman, SC, 29365 priced at $234,900 pairs $1,648/mo rent with $236/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,648/mo, and annual cash flow comes to $2,833/yr on $77,869 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 8.42% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 122.17% and total cumulative return in cash reaches $95,133. For financing, Ziffy Mortgage’s DSCR program evaluates $1,648/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$160 annually 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: #326159
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.