1401 Ferney Dr.ConwaySC29526
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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 1401 Ferney Dr, Conway, SC, 29526 listed at $262,000 pairs $2,533/mo rent with a $1,282/mo payment to leave $889/mo cash flow. Total monthly income runs $2,533/mo, and annual cash flow reaches $10,665/yr on $86,853 cash to close. Return on cash invested measures 32.19% in year one, and rental yield registers 11.6% at a $262,000 basis. Equity gained on principal adds $1,691/yr, and annual property appreciation at 5% supports $72,386 by year five. Five-year ROI tracks 168.81% and total cumulative return in cash totals $146,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,533/mo property income relative to a $1,282/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
3,920 sqft lot
$N/A/sqft
$85 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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Listed by: Leslie S Watson • River Town Real Estate
Mls Name: CCAR
Mls Provider:
Mls ID: #2517721
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 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.