583 Castillo Dr.LorisSC29569
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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 583 Castillo Dr, Loris, SC, 29569 priced at $264,990 pairs $1,881/mo rent with $304/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,881/mo, and annual cash flow comes to $3,643/yr on $87,844 invested. Return on cash invested is 24.06% in year one, and rental yield stands at 8.52% on a $264,990 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,212 by year five. Five-year ROI measures 124.78% and total cumulative return in cash reaches $109,608. For financing, Ziffy Mortgage’s DSCR program evaluates $1,881/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.30 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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Listed by: Jack Burlew • Starlight Homes
Mls Name: CCAR
Mls ID: #2520302