861 Rainbow Lake RdInmanSC29349
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
Investment property for sale in Inman at 861 Rainbow Lake Rd, Inman, SC, 29349 at $194,000 posts ROI 21.3% with $75/mo cash flow from $1,230/mo rent. Total monthly income equals $1,230/mo, and annual cash flow records $896/yr on $64,311 to close. Return on cash invested measures 21.3% and rental yield reads 7.61% at the current $194,000. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,599 by year five. Five-year ROI prints 110.03% and total cumulative return in cash totals $70,760.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,230/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Nearby investment properties with comparable prices
Listed by: Lexi Horne • LESLIE HORNE & ASSOCIATES
Mls Name: SAR
Mls ID: #332363