609 Glens WayConwaySC29526
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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 609 Glens Way, Conway, SC, 29526 offers $2,298/mo rent that, after a $1,791/mo payment, leaves $120/mo cash flow. Total monthly income is $2,298/mo, and annual cash flow is $1,438/yr on $121,281 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 7.54% at a $365,855 entry. Equity gained on principal adds $2,361/yr while 5% annual appreciation compounds into $101,079 by year five. Five-year ROI records 108.89% and total cumulative return in cash reaches $132,060. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,298/mo property income versus a $1,791/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
10,454 sqft 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: Linnette Nuckles • DR Horton
Mls Name: CCAR
Mls ID: #2517946