304 Kiskadee Loop #BConwaySC29526
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 304 Kiskadee Loop #B, Conway, SC, 29526 generates $1,672/mo in rent and, after a $905/mo payment, leaves $571/mo in cash flow. Total monthly income is $1,672/mo, and annual cash flow is $6,856/yr on $61,294 invested. Return on cash invested sits at 31.09% in year one, and rental yield is 10.85% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 162.58% and total cumulative return in cash sums $99,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,672/mo property income rather than buyer’s personal income.
Condo
Built in 2006
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen K Hand • RE/MAX Southern Shores
Mls Name: CCAR
Mls ID: #2517819