924 S Main StSumterSC29150
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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 Sumter at 924 S Main St, Sumter, SC, 29150 generates $1,680/mo in rent and, after a $915/mo payment, leaves $567/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $6,805/yr on $61,991 invested. Return on cash invested sits at 30.89% in year one, and rental yield is 10.78% on a $187,000 entry. Equity gained on principal adds $1,207/yr, while 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 161.49% and total cumulative return in cash sums $100,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29150, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,606 (100%) |
| Owner Occupied HU | 9,627 (51.7%) |
| Renter Occupied HU | 6,845 (36.8%) |
| Vacant Housing Units | 2,134 (11.5%) |
| Median Home Value | $207,860 |
| Average Home Value | $222,165 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
16,708
Multi-Family
1,420
Businesses
1,865
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Listed by: Jenilyn Stevens • Re/Max Summit
Mls Name: Sumter BOR
Mls ID: #201197