101 Davis Love DrFripp IslandSC29920
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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 Fripp Island at 101 Davis Love Dr, Fripp Island, SC, 29920 generates $3,272/mo in rent, after a $4,013/mo payment. Total monthly income is $3,272/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 4.79% on a $820,000 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation builds toward $226,551 over five years. Five-year ROI reaches 64.95% and total cumulative return in cash sums $175,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,272/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29920, Saint Helena Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,414 (100%) |
| Owner Occupied HU | 4,090 (55.2%) |
| Renter Occupied HU | 504 ( 6.8%) |
| Vacant Housing Units | 2,820 (38.0%) |
| Median Home Value | $372,123 |
| Average Home Value | $477,945 |
Housing Distribution
Address Breakdown
Residential
6,055
Single Family
5,939
Multi-Family
116
Businesses
182
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Listed by: Emily Styles • BHHS Bay Street Realty
Mls Name: Lowcountry Regional MLS
Mls ID: #192512