206 Magrath Ave.ConwaySC29526
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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 Conway at 206 Magrath Ave, Conway, SC, 29526 listed at $429,900 pairs $2,658/mo rent with a $2,104/mo payment to leave $99/mo cash flow. Total monthly income runs $2,658/mo, and annual cash flow reaches $1,188/yr on $142,512 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 7.42% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 107.03% and total cumulative return in cash totals $152,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,658/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29526, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,975 (100%) |
| Owner Occupied HU | 16,613 (69.3%) |
| Renter Occupied HU | 5,011 (20.9%) |
| Vacant Housing Units | 2,351 ( 9.8%) |
| Median Home Value | $318,937 |
| Average Home Value | $348,248 |
Housing Distribution
Address Breakdown
Residential
24,213
Single Family
22,666
Multi-Family
1,547
Businesses
1,658
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Listed by: Nikki Viola-Russo • S.H. June & Associates, LLC
Mls Name: CCAR
Mls ID: #2601351