Tbb1 Coats RdLorisSC29569
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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 Loris at Tbb1 Coats Rd, Loris, SC, 29569 priced at $483,000 converts $2,760/mo rent into after a $2,364/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 6.86% against a $483,000 entry. Equity gained on principal adds $3,117/yr, while 5% annual appreciation compiles into $133,444 by year five. Five-year ROI reaches 97.9% and total cumulative return in cash sums $156,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $2,364/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29569, Loris, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,494 (100%) |
| Owner Occupied HU | 6,315 (74.3%) |
| Renter Occupied HU | 1,452 (17.1%) |
| Vacant Housing Units | 727 ( 8.6%) |
| Median Home Value | $261,419 |
| Average Home Value | $320,817 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
8,290
Multi-Family
75
Businesses
530
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Listed by: Jackie Taylor • Myrtle Beach Real Estate
Mls Name: BHHS broker feed
Mls ID: #2518540