401 Meadow Sweet Place Plan, Jordan GroveGlnese 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
Rental property for sale in Glnese Conway at 401 Meadow Sweet Place Plan, Jordan Grove, Glnese Conway, SC, 29526 priced at $303,900 converts $2,938/mo rent into $1,129/mo cash flow after a $1,487/mo obligation. Total monthly income equals $2,938/mo, and annual cash flow totals $13,553/yr on $100,743 invested. Return on cash invested prints 33.36% in year one, and rental yield reads 11.6% against a $303,900 entry. Equity gained on principal adds $1,961/yr, while 5% annual appreciation compiles into $83,962 by year five. Five-year ROI reaches 174.68% and total cumulative return in cash sums $175,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,938/mo property income covering a $1,487/mo payment, not borrower’s personal income.
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: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A