Inlet Plan, Walnut Creek : EnclaveLancasterSC29720
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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 Lancaster at Inlet Plan, Walnut Creek: Enclave, Lancaster, SC, 29720 priced at $536,499 converts $3,697/mo rent into $503/mo cash flow after a $2,626/mo obligation. Total monthly income equals $3,697/mo, and annual cash flow totals $6,038/yr on $176,508 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 8.27% against a $536,499 entry. Equity gained on principal adds $3,462/yr, while 5% annual appreciation compiles into $148,225 by year five. Five-year ROI reaches 121.66% and total cumulative return in cash sums $214,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,697/mo property income covering a $2,626/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29720, Lancaster, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,458 (100%) |
| Owner Occupied HU | 17,867 (73.1%) |
| Renter Occupied HU | 4,998 (20.4%) |
| Vacant Housing Units | 1,593 ( 6.5%) |
| Median Home Value | $289,078 |
| Average Home Value | $332,866 |
Housing Distribution
Address Breakdown
Residential
23,661
Single Family
23,219
Multi-Family
442
Businesses
1,184
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A