4363 Spa Dr. #202Little 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 4363 Spa Dr. #202, Little River, SC, 29566 offers a 9.47% rental yield on a $158,000 purchase with $1,247/mo rent. Total monthly income registers $1,247/mo, and a $773/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,681/yr on $52,377 to close, and return on cash invested stands at 26.94% in year one. Equity gained on principal adds $1,020/yr while 5% annual appreciation supports $43,652 over five years. Portfolio math shows five-year ROI at 140.26% and total cumulative return in cash at $73,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,247/mo property income against a $773/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
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
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Listed by: Sherman Beach Group • Rowles Real Estate
Mls Name: CCAR
Mls ID: #2602486