1123 Fairway Ln UNIT 1123ConwaySC29526
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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 Conway at 1123 Fairway Ln UNIT 1123, Conway, SC, 29526 generates $2,602/mo in rent and, after a $1,189/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,602/mo, and annual cash flow is $10,210/yr on $80,555 invested. Return on cash invested sits at 32.58% in year one, and rental yield is 12.85% on a $243,000 entry. Equity gained on principal adds $1,568/yr, while 5% annual appreciation builds toward $67,136 over five years. Five-year ROI reaches 172.14% and total cumulative return in cash sums $138,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,602/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29526, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,975 (100%) |
| Owner Occupied HU | 16,613 (69.3%) |
| Renter Occupied HU | 5,011 (20.9%) |
| Vacant Housing Units | 2,351 ( 9.8%) |
| Median Home Value | $318,937 |
| Average Home Value | $348,248 |
Housing Distribution
Address Breakdown
Residential
24,213
Single Family
22,666
Multi-Family
1,547
Businesses
1,658
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