853 Wapama St. Lot 227 DoverDover Little RiverSC29566
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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 Dover Little River at 853 Wapama St. Lot 227 Dover, Dover Little River, SC, 29566 offers a 10.92% rental yield on a $284,405 purchase with $2,588/mo rent. Total monthly income registers $2,588/mo, and a $1,392/mo payment leaves $895/mo available for distribution. Annual cash flow reaches $10,740/yr on $94,280 to close, and return on cash invested stands at 31.3% in year one. Equity gained on principal adds $1,835/yr while 5% annual appreciation supports $78,576 over five years. Portfolio math shows five-year ROI at 163.67% and total cumulative return in cash at $154,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,588/mo property income against a $1,392/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29566, Little River, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,694 (60.2%) |
| Renter Occupied HU | 2,653 (16.5%) |
| Vacant Housing Units | 3,756 (23.3%) |
| Median Home Value | $350,665 |
| Average Home Value | $380,911 |
Housing Distribution
Address Breakdown
Residential
15,972
Single Family
13,650
Multi-Family
2,322
Businesses
745
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Listed by: Ronni Burgunder • Lennar Carolinas LLC
Mls Name: CCAR
Mls ID: #2527734