657 Tupelo Ln. #15-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 657 Tupelo Ln. #15-F, Longs, SC, 29568 uses $42,399 cash to close to unlock $2,948/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,007/mo, and a $626/mo payment keeps the spread at $246/mo. Purchase price stands at $127,900, and rental yield measures 9.45% with $1,007/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $35,336 over five years. Five-year ROI reaches 139.85% and total cumulative return in cash records $59,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,007/mo property income covering a $626/mo payment rather than investor’s personal income.
Condo
Built in 1995
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: Jerry Pinkas Team • Jerry Pinkas R E Experts
Mls Name: CCAR
Mls ID: #2600574