2128 Harvey Rd.LorisSC29569
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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
Rental property for sale in Loris at 2128 Harvey Rd, Loris, SC, 29569 generates $1,316/mo in rent and, after a $832/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,316/mo, and annual cash flow is $3,649/yr on $56,355 invested. Return on cash invested sits at 26.38% in year one, and rental yield is 9.29% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 137.34% and total cumulative return in cash sums $77,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,316/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
2.50 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: Blake Sloan • Sloan Realty Group
Mls Name: CCAR
Mls ID: #2530082