980 Parsons LnSumterSC29154
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow980 Parsons Ln, Sumter, SC, 29154 in Sumter is a top-tier cash-flow asset. At $165,900 it produces $2,094/mo in rent and $1,096/mo in net monthly income, a 15.15% gross rental yield. The DSCR of 2.81 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $13,148. Five-year appreciation adds $45,835, driving a total cumulative return of $133,305.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 6.8% |
| Monthly Cash Flow | $1,096 | $450 |
City averages based on Sumter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,094 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 2.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
0.94 Acres 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
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
Manufactured
Built in 2002
0.94 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Broach • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251720
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.