464 Shaft Pl.ConwaySC29526
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 Conway at 464 Shaft Pl, Conway, SC, 29526 priced at $348,900 converts $2,689/mo rent into $612/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,689/mo, and annual cash flow totals $7,341/yr on $115,660 invested. Return on cash invested prints 26.26% in year one, and rental yield reads 9.25% against a $348,900 entry. Equity gained on principal adds $2,251/yr, while 5% annual appreciation compiles into $96,395 by year five. Five-year ROI reaches 136.57% and total cumulative return in cash sums $157,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,689/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29526, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,975 (100%) |
| Owner Occupied HU | 16,613 (69.3%) |
| Renter Occupied HU | 5,011 (20.9%) |
| Vacant Housing Units | 2,351 ( 9.8%) |
| Median Home Value | $318,937 |
| Average Home Value | $348,248 |
Housing Distribution
Address Breakdown
Residential
24,213
Single Family
22,666
Multi-Family
1,547
Businesses
1,658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mercedes M Gagnon • Century 21 The Harrelson Group
Mls Name: CCAR
Mls ID: #2521867