202 Red Buckeye Dr.ConwaySC29527
Nearby investment properties with comparable rents
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
Rental property for sale in Conway at 202 Red Buckeye Dr, Conway, SC, 29527 priced at $301,490 converts $2,730/mo rent into $837/mo cash flow after a $1,476/mo obligation. Total monthly income equals $2,730/mo, and annual cash flow totals $10,043/yr on $99,944 invested. Return on cash invested prints 29.96% in year one, and rental yield reads 10.87% against a $301,490 entry. Equity gained on principal adds $1,945/yr, while 5% annual appreciation compiles into $83,296 by year five. Five-year ROI reaches 156.84% and total cumulative return in cash sums $156,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $1,476/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
$98 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Brown • DR Horton
Mls Name: CCAR
Mls Provider:
Mls ID: #2508704
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.