4359 Rivergate Ln. UNIT ELittle 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
Investment property for sale in Little River at 4359 Rivergate Ln. UNIT E, Little River, SC, 29566 at $245,900 posts ROI 26.66% with $459/mo cash flow from $2,339/mo rent. Total monthly income equals $2,339/mo, and annual cash flow records $5,505/yr on $81,516 to close. Return on cash invested measures 26.66% and rental yield reads 11.41% at the current $245,900. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,938 by year five. Five-year ROI prints 140.98% and total cumulative return in cash totals $114,919.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,339/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2010
N/A lot
$N/A/sqft
$416 monthly 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: Darren Woodard Team • INNOVATE Real Estate
Mls Name: CCAR
Mls Provider:
Mls ID: #2417396
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.