402 Bristlecone StLongsSC29568
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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 Longs at 402 Bristlecone St, Longs, SC, 29568 uses $75,814 cash to close to unlock $10,428/yr annual cash flow and $869/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,119/mo payment keeps the spread at $869/mo. Purchase price stands at $228,700, and rental yield measures 11.77% with $2,243/mo rent. Return on cash invested shows 33.66% in year one, and 5% annual appreciation builds toward $63,186 over five years. Five-year ROI reaches 176.37% and total cumulative return in cash records $133,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,119/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7,405 sqft lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29568, Longs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,316 (100%) |
| Owner Occupied HU | 6,775 (72.7%) |
| Renter Occupied HU | 1,301 (14.0%) |
| Vacant Housing Units | 1,240 (13.3%) |
| Median Home Value | $316,590 |
| Average Home Value | $331,933 |
Housing Distribution
Address Breakdown
Residential
9,282
Single Family
8,694
Multi-Family
588
Businesses
321
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