188 Retreat Pl.Little 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
Rental property for sale in Little River at 188 Retreat Pl, Little River, SC, 29566 priced at $199,900 converts $1,548/mo rent into $358/mo cash flow after a $978/mo obligation. Total monthly income equals $1,548/mo, and annual cash flow totals $4,301/yr on $66,267 invested. Return on cash invested prints 26.4% in year one, and rental yield reads 9.29% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 137.35% and total cumulative return in cash sums $91,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,548/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7,405 sqft lot
$N/A/sqft
No 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: Nathan F Cook • Latitude Realty
Mls Name: CCAR
Mls ID: #2522096