965 Cormier DrSumterSC29154
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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 Sumter at 965 Cormier Dr, Sumter, SC, 29154 uses $84,533 cash to close to unlock $2,906/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,760/mo, and a $1,248/mo payment keeps the spread at $242/mo. Purchase price stands at $255,000, and rental yield measures 8.28% with $1,760/mo rent. Return on cash invested shows 23.35% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash records $102,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,760/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2017
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29154, Sumter, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 9,147 (70.1%) |
| Renter Occupied HU | 2,836 (21.7%) |
| Vacant Housing Units | 1,057 ( 8.1%) |
| Median Home Value | $208,805 |
| Average Home Value | $213,824 |
Housing Distribution
Address Breakdown
Residential
13,104
Single Family
12,791
Multi-Family
313
Businesses
335
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Listed by: Tyjuan Montgomery • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #624680