421 Waterfall CircleLittle RiverSC29566
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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 Little River at 421 Waterfall Circle, Little River, SC, 29566 priced at $645,000 converts $3,396/mo rent into after a $3,157/mo obligation. Total monthly income equals $3,396/mo. Return on cash invested prints 17.55% in year one, and rental yield reads 6.32% against a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation compiles into $178,202 by year five. Five-year ROI reaches 89.86% and total cumulative return in cash sums $190,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,396/mo property income covering a $3,157/mo payment, not borrower’s personal income.
Single Family
Built in 2017
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29566, Little River, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,694 (60.2%) |
| Renter Occupied HU | 2,653 (16.5%) |
| Vacant Housing Units | 3,756 (23.3%) |
| Median Home Value | $350,665 |
| Average Home Value | $380,911 |
Housing Distribution
Address Breakdown
Residential
15,972
Single Family
13,650
Multi-Family
2,322
Businesses
745
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Listed by: Derrick Legacy Team • EXP Realty LLC
Mls Name: CCAR
Mls ID: #2602056