120 Ardeer Ct. Lot 2046- Cali BLittle RiverSC29566
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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 Little River at 120 Ardeer Ct. Lot 2046- Cali B, Little River, SC, 29566 uses $115,591 cash to close to unlock $7,068/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,707/mo payment keeps the spread at $589/mo. Purchase price stands at $348,690, and rental yield measures 9.5% with $2,760/mo rent. Return on cash invested shows 26.02% in year one, and 5% annual appreciation builds toward $96,337 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash records $156,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,707/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29566, Little River, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,694 (60.2%) |
| Renter Occupied HU | 2,653 (16.5%) |
| Vacant Housing Units | 3,756 (23.3%) |
| Median Home Value | $350,665 |
| Average Home Value | $380,911 |
Housing Distribution
Address Breakdown
Residential
15,972
Single Family
13,650
Multi-Family
2,322
Businesses
745
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Listed by: Nicholas Maney • DR Horton
Mls Name: CCAR
Mls Provider:
Mls ID: #2420459
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.