231 Linares St.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 231 Linares St, Loris, SC, 29569 priced at $290,990 pairs $2,160/mo rent with $373/mo cash flow after a $1,424/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $4,476/yr on $96,463 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 8.91% on a $290,990 basis. Equity gained on principal adds $1,878/yr, and 5% annual appreciation accumulates to $80,395 by year five. Five-year ROI measures 127.72% and total cumulative return in cash reaches $123,207. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,424/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
$55 monthly 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: Meghan Finigan • Starlight Homes
Mls Name: CCAR
Mls Provider:
Mls ID: #2428145
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.