197 Charter Dr. #D 1LongsSC29568
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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 197 Charter Dr. #D 1, Longs, SC, 29568 earns $224/mo cash flow from $1,074/mo rent with a $699/mo payment. Total monthly income totals $1,074/mo, and annual cash flow totals $2,685/yr on $47,371 capital. ROI tracks 25.58% on current figures, and rental yield reads 9.02% at a $142,900 purchase. Equity gained on principal adds $922/yr, and 5% annual appreciation supports $39,481 over five years. Five-year ROI reaches 132.93% and total cumulative return in cash sums $62,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,074/mo property income instead of your personal income.
Condo
Built in 2008
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: Gina Thomas • Carolina Realty & Associates
Mls Name: CCAR
Mls ID: #2526304