304 Little Caboose RdLorisSC29569
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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 Loris at 304 Little Caboose Rd, Loris, SC, 29569 priced at $247,500 converts $2,160/mo rent into $687/mo cash flow after a $1,211/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $8,245/yr on $82,046 invested. Return on cash invested prints 29.96% in year one, and rental yield reads 10.47% against a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation compiles into $68,380 by year five. Five-year ROI reaches 156.49% and total cumulative return in cash sums $128,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,211/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29569, Loris, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,494 (100%) |
| Owner Occupied HU | 6,315 (74.3%) |
| Renter Occupied HU | 1,452 (17.1%) |
| Vacant Housing Units | 727 ( 8.6%) |
| Median Home Value | $261,419 |
| Average Home Value | $320,817 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
8,290
Multi-Family
75
Businesses
530
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Listed by: Darrell R Pratt • Lennar Carolinas LLC
Mls Name: CCAR
Mls ID: #2519336