116 Blue Gull Dr.ConwaySC29527
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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
Investment property for sale in Conway at 116 Blue Gull Dr, Conway, SC, 29527 with 5% annual appreciation on a $249,900 basis while $1,696/mo rent supports operations. Total monthly income totals $1,696/mo and a $1,223/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,502/yr on $82,842 deployed, and return on cash invested reaches 22.93% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.14%. Five-year ROI measures 118.74% and total cumulative return in cash totals $98,366.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,696/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
1.48 Acres 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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Listed by: Natalie W Carner • CENTURY 21 Broadhurst
Mls Name: CCAR
Mls ID: #2519732