204 Chain Fern Ct #305 Northbrook JNorthbrook LongsSC29568
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
Investment property for sale in Northbrook Longs at 204 Chain Fern Ct #305 Northbrook J, Northbrook Longs, SC, 29568 uses $110,386 cash to close to unlock $12,091/yr annual cash flow and $1,008/mo monthly cash flow. Total monthly income runs $2,990/mo, and a $1,630/mo payment keeps the spread at $1,008/mo. Purchase price stands at $332,990, and rental yield measures 10.78% with $2,990/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $91,999 over five years. Five-year ROI reaches 161.28% and total cumulative return in cash records $178,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Downing • Meritage Homes of the Carolina
Mls Name: CCAR
Mls ID: #2526599