Welcome to your perfect investor opportunity nestled in the heart of Lyman, South Carolina! This charming 3-bedroom, 2-bathroom home sits on over an acre of lush land, offering the ideal blend of country living and urban convenience. As you step onto the property, you're greeted by the serene surroundings and ample space for outdoor activities. The property boasts an in-ground pool, perfect for cooling off on hot summer days, although it requires some repairs to restore it to its former glory. The interior of the home features three spacious bedrooms, providing plenty of room for family and guests. With two bathrooms, mornings are a breeze for everyone. Located conveniently close to both Spartanburg and Greenville, this home offers easy access to a plethora of amenities including shopping centers, restaurants, entertainment venues, and top-rated schools. Investors will find endless potential in this property, with opportunities for renovation and customization to maximize its value. Plus, the absence of a homeowners association means you have the freedom to make changes without the hassle of strict guidelines. Don't miss out on this rare chance to own a piece of tranquil country living just minutes away from bustling city life. Schedule your viewing today and let your imagination run wild with the possibilities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$129,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $103,920 | $103,920 | $103,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $691 | $691 | $891 |
Total Monthly Payment | $1,012 | $1,012 | $1,212 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.