4366 Rivergate Ln. #402Little 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 4366 Rivergate Ln. #402, Little River, SC, 29566 offers a 6.58% rental yield on a $375,000 purchase with $2,057/mo rent. 22% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 93.51% and total cumulative return in cash at $116,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,057/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
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: Ryan Korros Team • RE/MAX Southern Shores
Mls Name: CCAR
Mls ID: #2522452