3351 Little Bay Dr.ConwaySC29526
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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
Investment property for sale in Conway at 3351 Little Bay Dr, Conway, SC, 29526 earns $599/mo cash flow from $2,527/mo rent with a $1,585/mo payment. Total monthly income totals $2,527/mo, and annual cash flow totals $7,191/yr on $107,373 capital. ROI tracks 26.61% on current figures, and rental yield reads 9.36% at a $323,900 purchase. Equity gained on principal adds $2,090/yr, and 5% annual appreciation supports $89,488 over five years. Five-year ROI reaches 138.47% and total cumulative return in cash sums $148,683. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,527/mo property income instead of your personal income.
Single Family
Built in 2024
7,840 sqft 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: Greg G Martz • Elite Realty Myrtle Beach
Mls Name: CCAR
Mls ID: #2525135