97 Lake Point DrProsperitySC29127
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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 Prosperity at 97 Lake Point Dr, Prosperity, SC, 29127 offers $3,205/mo rent that, after a $3,671/mo payment. Total monthly income is $3,205/mo. Return on cash invested measures 13.88% in year one, and rental yield stands at 5.13% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 70.19% and total cumulative return in cash reaches $173,202. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,205/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.51 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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Listed by: Buddy Livingston • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611359
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC