101 Palm Blvd #B1Isle Of PalmsSC29451
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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 Isle Of Palms at 101 Palm Blvd #B1, Isle Of Palms, SC, 29451 uses $243,460 cash to close to unlock $26,338/yr annual cash flow and $2,195/mo monthly cash flow. Total monthly income runs $6,600/mo, and a $3,622/mo payment keeps the spread at $2,195/mo. Purchase price stands at $740,000, and rental yield measures 10.7% with $6,600/mo rent. Return on cash invested shows 30.88% in year one, and 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 161.32% and total cumulative return in cash records $392,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,600/mo property income covering a $3,622/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29451, Isle Of Palms, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 1,896 (40.2%) |
| Renter Occupied HU | 161 ( 3.4%) |
| Vacant Housing Units | 2,659 (56.4%) |
| Median Home Value | $1,214,612 |
| Average Home Value | $1,338,743 |
Housing Distribution
Address Breakdown
Residential
3,060
Single Family
2,881
Multi-Family
179
Businesses
251
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Listed by: N/A • AgentOwned Realty Preferred Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #25020141
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