728 Four Mile Rd.ConwaySC29526
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 Conway at 728 Four Mile Rd, Conway, SC, 29526 priced at $319,000 converts $2,237/mo rent into $338/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,237/mo, and annual cash flow totals $4,061/yr on $105,749 invested. Return on cash invested prints 23.75% in year one, and rental yield reads 8.42% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 123.13% and total cumulative return in cash sums $130,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,237/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2.60 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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Nearby investment properties with comparable prices
Listed by: Jessica C Williams • CB Sea Coast Advantage CF
Mls Name: CCAR
Mls ID: #2524782