1717 Racepath Ave.ConwaySC29527
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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
Investment property for sale in Conway at 1717 Racepath Ave, Conway, SC, 29527 offers a 9.3% rental yield on a $139,999 purchase with $1,085/mo rent. Total monthly income registers $1,085/mo, and a $685/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,022/yr on $46,410 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 137.45% and total cumulative return in cash at $63,790. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,085/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,969 sqft 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: Derrick Legacy Team • EXP Realty LLC
Mls Name: CCAR
Mls ID: #2601054