4239 Villas Dr. #601Little RiverSC29566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4239 Villas Dr. #601, Little River, SC, 29566 generates $1,156/mo in rent and, after a $707/mo payment, leaves $296/mo in cash flow. Total monthly income is $1,156/mo, and annual cash flow is $3,553/yr on $47,902 invested. Return on cash invested sits at 27.33% in year one, and rental yield is 9.6% on a $144,500 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation builds toward $39,923 over five years. Five-year ROI reaches 142.41% and total cumulative return in cash sums $68,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,156/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Guy Austin Jr • Realty ONE Group Dockside
Mls Name: CCAR
Mls ID: #2528734