902 Forest Loop Rd.ConwaySC29527
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
Investment property for sale in Conway at 902 Forest Loop Rd, Conway, SC, 29527 uses $56,322 cash to close to unlock $3,554/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $832/mo payment keeps the spread at $296/mo. Purchase price stands at $169,900, and rental yield measures 9.24% with $1,308/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 136.45% and total cumulative return in cash records $76,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29527, Conway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,782 (100%) |
| Owner Occupied HU | 8,996 (70.4%) |
| Renter Occupied HU | 2,647 (20.7%) |
| Vacant Housing Units | 1,139 ( 8.9%) |
| Median Home Value | $235,631 |
| Average Home Value | $273,352 |
Housing Distribution
Address Breakdown
Residential
12,404
Single Family
12,098
Multi-Family
306
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Forman • Keller Williams The Forturro G
Mls Name: CCAR
Mls ID: #2520116