2892 Riverboat WayConwaySC29526
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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 2892 Riverboat Way, Conway, SC, 29526 priced at $325,053 pairs $2,938/mo rent with $1,003/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,938/mo, and annual cash flow comes to $12,036/yr on $107,755 invested. Return on cash invested is 31.08% in year one, and rental yield stands at 10.85% on a $325,053 basis. Equity gained on principal adds $2,098/yr, and 5% annual appreciation accumulates to $89,806 by year five. Five-year ROI measures 162.41% and total cumulative return in cash reaches $175,001. For financing, Ziffy Mortgage’s DSCR program evaluates $2,938/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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: Kingston Bay • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A