104 Barnacle Ln. UNIT 3Little RiverSC29566
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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 Little River at 104 Barnacle Ln. UNIT 3, Little River, SC, 29566 priced at $199,900 converts $1,506/mo rent into after a $978/mo obligation. Total monthly income equals $1,506/mo. Return on cash invested prints 18.34% in year one, and rental yield reads 9.04% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 96.81% and total cumulative return in cash sums $64,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $978/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$403 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29566, Little River, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,694 (60.2%) |
| Renter Occupied HU | 2,653 (16.5%) |
| Vacant Housing Units | 3,756 (23.3%) |
| Median Home Value | $350,665 |
| Average Home Value | $380,911 |
Housing Distribution
Address Breakdown
Residential
15,972
Single Family
13,650
Multi-Family
2,322
Businesses
745
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Listed by: Beach Properties Group • Keller Williams Innovate South
Mls Name: CCAR
Mls Provider:
Mls ID: #2509941
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.