1014 E Cooper AveFolly BeachSC29439
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
Rental property for sale in Folly Beach at 1014 E Cooper Ave, Folly Beach, SC, 29439 generates $5,449/mo in rent, after a $4,709/mo payment. Total monthly income is $5,449/mo. Return on cash invested sits at 19.01% in year one, and rental yield is 6.8% on a $962,200 entry. Equity gained on principal adds $6,209/yr, while 5% annual appreciation builds toward $265,838 over five years. Five-year ROI reaches 97.65% and total cumulative return in cash sums $309,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,449/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A