6807 Highway 1124ConwaySC29526
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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
Rental property for sale in Conway at 6807 Highway 1124, Conway, SC, 29526 generates $1,830/mo in rent and, after a $807/mo payment, leaves $848/mo in cash flow. Total monthly income is $1,830/mo, and annual cash flow is $10,181/yr on $54,681 invested. Return on cash invested sits at 38.53% in year one, and rental yield is 13.31% on a $164,950 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,573 over five years. Five-year ROI reaches 202.42% and total cumulative return in cash sums $110,684. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,830/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
1.40 Acres 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: Jill K Perry • Palmetto Realty Chesterfield Sc, Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20240401
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.