232 Harvest Ridge WayConwaySC29527
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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 232 Harvest Ridge Way, Conway, SC, 29527 listed at $308,999 pairs $2,159/mo rent with a $1,512/mo payment to leave $320/mo cash flow. Total monthly income runs $2,159/mo, and annual cash flow reaches $3,840/yr on $102,433 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 8.38% at a $308,999 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 122.64% and total cumulative return in cash totals $125,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
No 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
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Nearby investment properties with comparable prices
Listed by: Lesa B Cala • Weichert Realtors Southern Coast
Mls Name: CCAR
Mls ID: #2527568