196 Old Wilson Rd. Double LotLongsSC29568
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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 Longs at 196 Old Wilson Rd. Double Lot, Longs, SC, 29568 at $105,900 posts ROI 36.25% with $478/mo cash flow from $1,108/mo rent. Total monthly income equals $1,108/mo, and annual cash flow records $5,735/yr on $35,106 to close. Return on cash invested measures 36.25% and rental yield reads 12.56% at the current $105,900. Equity gained on principal adds $683/yr, and 5% annual appreciation supports $29,258 by year five. Five-year ROI prints 190.11% and total cumulative return in cash totals $66,740.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,108/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29568, Longs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,316 (100%) |
| Owner Occupied HU | 6,775 (72.7%) |
| Renter Occupied HU | 1,301 (14.0%) |
| Vacant Housing Units | 1,240 (13.3%) |
| Median Home Value | $316,590 |
| Average Home Value | $331,933 |
Housing Distribution
Address Breakdown
Residential
9,282
Single Family
8,694
Multi-Family
588
Businesses
321
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Listed by: Justin Thompson • INNOVATE Real Estate
Mls Name: CCAR
Mls ID: #2521233