90 Gordon AveLaneSC29564
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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 Lane at 90 Gordon Ave, Lane, SC, 29564 generates $2,370/mo in rent and, after a $1,659/mo payment, leaves $352/mo in cash flow. Total monthly income is $2,370/mo, and annual cash flow is $4,227/yr on $112,379 invested. Return on cash invested sits at 23.67% in year one, and rental yield is 8.39% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 122.74% and total cumulative return in cash sums $137,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29564, Lane, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 331 (65.4%) |
| Renter Occupied HU | 61 (12.1%) |
| Vacant Housing Units | 114 (22.5%) |
| Median Home Value | $96,875 |
| Average Home Value | $164,434 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
22
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Listed by: Robert McCants • Tidewater Properties
Mls Name: CCAR
Mls ID: #2517994