236 Switchgrass LoopLittle RiverSC29566
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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 Little River at 236 Switchgrass Loop, Little River, SC, 29566 with 5% annual appreciation on a $550,000 basis while $3,390/mo rent supports operations. Total monthly income totals $3,390/mo and a $2,692/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,391/yr on $180,950 deployed, and return on cash invested reaches 20.83% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 7.4%. Five-year ROI measures 107.43% and total cumulative return in cash totals $194,386.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,390/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29566, Little River, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,694 (60.2%) |
| Renter Occupied HU | 2,653 (16.5%) |
| Vacant Housing Units | 3,756 (23.3%) |
| Median Home Value | $350,665 |
| Average Home Value | $380,911 |
Housing Distribution
Address Breakdown
Residential
15,972
Single Family
13,650
Multi-Family
2,322
Businesses
745
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Listed by: The Bellamy Team • CENTURY 21 Thomas
Mls Name: CCAR
Mls ID: #2529139