608 Carter Reid CtConwaySC29526
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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 608 Carter Reid Ct, Conway, SC, 29526 generates $2,298/mo in rent and, after a $1,749/mo payment, leaves $171/mo in cash flow. Total monthly income is $2,298/mo, and annual cash flow is $2,050/yr on $118,445 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 7.72% on a $357,300 entry. Equity gained on principal adds $2,306/yr, while 5% annual appreciation builds toward $98,715 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash sums $132,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,298/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A