DEVON Plan, Heritage CrossingConwaySC29527
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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 Conway at DEVON Plan, Heritage Crossing, Conway, SC, 29527 offers a 9.82% rental yield on a $256,490 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,255/mo payment leaves $574/mo available for distribution. Annual cash flow reaches $6,883/yr on $85,026 to close, and return on cash invested stands at 28% in year one. Equity gained on principal adds $1,655/yr while 5% annual appreciation supports $70,863 over five years. Portfolio math shows five-year ROI at 145.97% and total cumulative return in cash at $124,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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
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Listed by: Heritage Crossing • D.R. Horton - Myrtle Beach
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A