4385 Erie Dr.Little 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 4385 Erie Dr, Little River, SC, 29566 listed at $219,900 pairs $1,552/mo rent with a $1,076/mo payment to leave $243/mo cash flow. Total monthly income runs $1,552/mo, and annual cash flow reaches $2,919/yr on $72,897 cash to close. Return on cash invested measures 23.91% in year one, and rental yield registers 8.47% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 124.06% and total cumulative return in cash totals $90,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,552/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2013
8,712 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: Maria Shonte' S Creel-Jordan • Realty ONE Group DocksideNorth
Mls Name: CCAR
Mls ID: #2524089