500 Myrtle Greens Dr. UNIT AConwaySC29526
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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
Rental property for sale in Conway at 500 Myrtle Greens Dr. UNIT A, Conway, SC, 29526 offers $1,343/mo rent that, after a $724/mo payment, leaves $42/mo cash flow. Total monthly income is $1,343/mo, and annual cash flow is $508/yr on $49,062 cash. Return on cash invested measures 20.95% in year one, and rental yield stands at 10.89% at a $148,000 entry. Equity gained on principal adds $955/yr while 5% annual appreciation compounds into $40,890 by year five. Five-year ROI records 111.88% and total cumulative return in cash reaches $54,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,343/mo property income versus a $724/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
$420 monthly 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
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Listed by: Dave Crow • Realty ONE Group Dockside
Mls Name: CCAR
Mls Provider:
Mls ID: #2501901
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 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.