610 Conway CirCamdenSC29020
Nearby investment properties with comparable rents
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 Camden at 610 Conway Cir, Camden, SC, 29020 priced at $215,000 converts $1,961/mo rent into $681/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,961/mo, and annual cash flow totals $8,178/yr on $71,273 invested. Return on cash invested prints 31.38% in year one, and rental yield reads 10.95% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 164.09% and total cumulative return in cash sums $116,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,961/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1971
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Wendy Weeden • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #619275