10 River Place XingDaufuskie IslandSC29915
Nearby investment properties with comparable rents
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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 Daufuskie Island at 10 River Place Xing, Daufuskie Island, SC, 29915 generates $3,792/mo in rent and, after a $1,052/mo payment, leaves $2,311/mo in cash flow. Total monthly income is $3,792/mo, and annual cash flow is $27,735/yr on $71,273 invested. Return on cash invested sits at 58.82% in year one, and rental yield is 21.16% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 312.48% and total cumulative return in cash sums $222,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,792/mo property income rather than buyer’s personal income.
Lot
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29915, Daufuskie Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 254 (50.2%) |
| Renter Occupied HU | 12 ( 2.4%) |
| Vacant Housing Units | 240 (47.4%) |
| Median Home Value | $795,455 |
| Average Home Value | $902,421 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
4
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Listed by: Laura Leigh Miles • Premier Properties by Haig Point
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #447058
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.