450 Highway 348LorisSC29569
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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 Loris at 450 Highway 348, Loris, SC, 29569 listed at $249,900 pairs $2,188/mo rent with a $1,223/mo payment to leave $701/mo cash flow. Total monthly income runs $2,188/mo, and annual cash flow reaches $8,406/yr on $82,842 cash to close. Return on cash invested measures 30.06% in year one, and rental yield registers 10.51% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 156.98% and total cumulative return in cash totals $130,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,188/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29569, Loris, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,494 (100%) |
| Owner Occupied HU | 6,315 (74.3%) |
| Renter Occupied HU | 1,452 (17.1%) |
| Vacant Housing Units | 727 ( 8.6%) |
| Median Home Value | $261,419 |
| Average Home Value | $320,817 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
8,290
Multi-Family
75
Businesses
530
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Nearby investment properties with comparable prices
Listed by: Jason Jensen • Grand Strand Homes & Land
Mls Name: CCAR
Mls ID: #2520527