504 Lamplight Ct.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
Rental property for sale in Little River at 504 Lamplight Ct, Little River, SC, 29566 generates $2,437/mo in rent and, after a $1,738/mo payment, leaves $323/mo in cash flow. Total monthly income is $2,437/mo, and annual cash flow is $3,880/yr on $117,683 invested. Return on cash invested sits at 23.21% in year one, and rental yield is 8.24% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash sums $141,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,437/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
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: Linda B Smith • Realty ONE Group Dockside
Mls Name: CCAR
Mls ID: #2521549