196 Warner Crossing Way #NewlinLorisSC29569
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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 Loris at 196 Warner Crossing Way #Newlin, Loris, SC, 29569 earns $183/mo cash flow from $1,425/mo rent with a $1,021/mo payment. Total monthly income totals $1,425/mo, and annual cash flow totals $2,200/yr on $69,118 capital. ROI tracks 23.09% on current figures, and rental yield reads 8.2% at a $208,500 purchase. Equity gained on principal adds $1,345/yr, and 5% annual appreciation supports $57,605 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash sums $82,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,425/mo property income instead of your personal income.
Single Family
Built in 2025
0.27 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: Darrell R Pratt • Lennar Carolinas LLC
Mls Name: CCAR
Mls ID: #2523661