2827 Biscane Ct. Lot 239ConwaySC29527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2827 Biscane Ct. Lot 239, Conway, SC, 29527 generates $2,100/mo in rent and, after a $1,383/mo payment, leaves $418/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $5,016/yr on $93,649 invested. Return on cash invested sits at 25.27% in year one, and rental yield is 8.92% on a $282,500 entry. Equity gained on principal adds $1,823/yr, while 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 131.32% and total cumulative return in cash sums $122,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Cruse • Keller Williams Oak and Ocean
Mls Name: CCAR
Mls ID: #2521995