407 Turtlehead Dr.LongsSC29568
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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 Longs at 407 Turtlehead Dr, Longs, SC, 29568 offers $2,288/mo rent that, after a $1,272/mo payment, leaves $741/mo cash flow. Total monthly income is $2,288/mo, and annual cash flow is $8,891/yr on $86,157 cash. Return on cash invested measures 30.23% in year one, and rental yield stands at 10.56% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 157.87% and total cumulative return in cash reaches $136,018. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,288/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
7,405 sqft lot
$N/A/sqft
No 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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Listed by: Mike Fiebernitz & Associates • RE/MAX Southern Shores
Mls Name: CCAR
Mls ID: #2527137