1112 Pine Ridge St.ConwaySC29527
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
Investment Highlights
Investment property for sale in Conway at 1112 Pine Ridge St, Conway, SC, 29527 uses $107,738 cash to close to unlock $6,361/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,591/mo payment keeps the spread at $530/mo. Purchase price stands at $325,000, and rental yield measures 9.1% with $2,465/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 134.24% and total cumulative return in cash records $144,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2011
8,712 sqft lot
$N/A/sqft
No 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
Listed by: Kristi Grigg • CENTURY 21 Boling & Associates
Mls Name: CCAR
Mls ID: #2527401