1064 Kinness Dr. Lot 242 - Efficient AConwaySC29527
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1064 Kinness Dr. Priced at $246,990, it generates $2,284/mo in gross rent and $773/mo in net monthly cash flow, a 11.09% yield that comfortably supports the 2.06 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,280. Five-year appreciation: $68,239. Equity from principal paydown: $2,275/yr. Total projected cumulative return: $143,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.5% |
| Monthly Cash Flow | $773 | $850 |
City averages based on Conway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,284 |
| Total Monthly Debt Service | $1,412 |
| DSCR Ratio | 1.62x |
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.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29527, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,782 (100%) |
| Owner Occupied HU | 8,996 (70.4%) |
| Renter Occupied HU | 2,647 (20.7%) |
| Vacant Housing Units | 1,139 ( 8.9%) |
| Median Home Value | $235,631 |
| Average Home Value | $273,352 |
Housing Distribution
Address Breakdown
Residential
12,404
Single Family
12,098
Multi-Family
306
Businesses
247
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
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29527, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,782 (100%) |
| Owner Occupied HU | 8,996 (70.4%) |
| Renter Occupied HU | 2,647 (20.7%) |
| Vacant Housing Units | 1,139 ( 8.9%) |
| Median Home Value | $235,631 |
| Average Home Value | $273,352 |
Housing Distribution
Address Breakdown
Residential
12,404
Single Family
12,098
Multi-Family
306
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices