115 Spring Wheat WayConwaySC29527
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
Rental property for sale in Conway at 115 Spring Wheat Way, Conway, SC, 29527 priced at $293,300 pairs $2,593/mo rent with $847/mo cash flow after a $1,436/mo payment. Total monthly income equals $2,593/mo, and annual cash flow comes to $10,159/yr on $97,229 invested. Return on cash invested is 30.36% in year one, and rental yield stands at 10.61% on a $293,300 basis. Equity gained on principal adds $1,893/yr, and 5% annual appreciation accumulates to $81,033 by year five. Five-year ROI measures 158.59% and total cumulative return in cash reaches $154,196. For financing, Ziffy Mortgage’s DSCR program evaluates $2,593/mo property income against a $1,436/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
N/A 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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