512 Runaway Train DrLorisSC29569
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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 Loris at 512 Runaway Train Dr, Loris, SC, 29569 generates $2,453/mo in rent and, after a $1,050/mo payment, leaves $1,027/mo in cash flow. Total monthly income is $2,453/mo, and annual cash flow is $12,323/yr on $71,132 invested. Return on cash invested sits at 37.23% in year one, and rental yield is 13.72% on a $214,575 entry. Equity gained on principal adds $1,385/yr, while 5% annual appreciation builds toward $59,283 over five years. Five-year ROI reaches 196.35% and total cumulative return in cash sums $139,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,453/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
$149 monthly 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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Listed by: Darrell R Pratt • Lennar Carolinas LLC
Mls Name: CCAR
Mls Provider:
Mls ID: #2524567
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.