4490 Little River Inn Ln. UNIT 2203Little 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 4490 Little River Inn Ln. UNIT 2203, Little River, SC, 29566 generates $1,277/mo in rent and, after a $751/mo payment, leaves $196/mo in cash flow. Total monthly income is $1,277/mo, and annual cash flow is $2,347/yr on $50,885 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 9.98% on a $153,500 entry. Equity gained on principal adds $991/yr, while 5% annual appreciation builds toward $42,409 over five years. Five-year ROI reaches 128.74% and total cumulative return in cash sums $65,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,277/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$168 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Hampel • RE/MAX Executive
Mls Name: CCAR
Mls Provider:
Mls ID: #2405992
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.