1552 Simpson Creek Dr.LorisSC29569
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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 Loris at 1552 Simpson Creek Dr, Loris, SC, 29569 priced at $110,000 pairs $2,298/mo rent with $1,598/mo cash flow after a $538/mo payment. Total monthly income equals $2,298/mo, and annual cash flow comes to $19,177/yr on $36,465 invested. Return on cash invested is 72.5% in year one, and rental yield stands at 25.07% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 385.22% and total cumulative return in cash reaches $140,472. For financing, Ziffy Mortgage’s DSCR program evaluates $2,298/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29569, Loris, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,494 (100%) |
| Owner Occupied HU | 6,315 (74.3%) |
| Renter Occupied HU | 1,452 (17.1%) |
| Vacant Housing Units | 727 ( 8.6%) |
| Median Home Value | $261,419 |
| Average Home Value | $320,817 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
8,290
Multi-Family
75
Businesses
530
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Listed by: Seth June Team • S.H. June & Associates, LLC
Mls Name: CCAR
Mls Provider:
Mls ID: #2512490
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.