615 Tupelo Ln. #FLongsSC29568
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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
Investment property for sale in Longs at 615 Tupelo Ln. #F, Longs, SC, 29568 with 5% annual appreciation on a $120,900 basis while $917/mo rent supports operations. Total monthly income totals $917/mo and a $592/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,365/yr on $40,078 deployed, and return on cash invested reaches 25.81% in year one. Equity gained on principal adds $780/yr, and five-year appreciation sums $33,402 alongside rental yield of 9.1%. Five-year ROI measures 134.29% and total cumulative return in cash totals $53,822.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $917/mo property income versus a $592/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29568, Longs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,316 (100%) |
| Owner Occupied HU | 6,775 (72.7%) |
| Renter Occupied HU | 1,301 (14.0%) |
| Vacant Housing Units | 1,240 (13.3%) |
| Median Home Value | $316,590 |
| Average Home Value | $331,933 |
Housing Distribution
Address Breakdown
Residential
9,282
Single Family
8,694
Multi-Family
588
Businesses
321
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Listed by: Sherman Beach Group • Rowles Real Estate
Mls Name: CCAR
Mls ID: #2526398