242 Williamson Lake CircleConwaySC29526
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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 Conway at 242 Williamson Lake Circle, Conway, SC, 29526 generates $1,065/mo in rent and, after a $660/mo payment, leaves $262/mo in cash flow. Total monthly income is $1,065/mo, and annual cash flow is $3,147/yr on $44,719 invested. Return on cash invested sits at 26.95% in year one, and rental yield is 9.47% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 140.35% and total cumulative return in cash sums $62,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,065/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
N/A 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: Billy Dalton D Richardson • Century 21 McAlpine Associates
Mls Name: CCAR
Mls ID: #2518117