1005 Saltwater CirJohns IslandSC29455
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 Johns Island at 1005 Saltwater Cir, Johns Island, SC, 29455 earns $1,200/mo cash flow from $5,069/mo rent with a $3,181/mo payment. Total monthly income totals $5,069/mo, and annual cash flow totals $14,401/yr on $213,850 capital. ROI tracks 26.79% on current figures, and rental yield reads 9.36% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 139.43% and total cumulative return in cash sums $298,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,069/mo property income instead of your personal income.
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • EarthWay Real Estate
Mls Name: CTMLS
Mls ID: #25031804