1147 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 1147 Saltwater Cir, Johns Island, SC, 29455 uses $206,941 cash to close to unlock $12,244/yr annual cash flow and $1,020/mo monthly cash flow. Total monthly income runs $4,765/mo, and a $3,079/mo payment keeps the spread at $1,020/mo. Purchase price stands at $629,000, and rental yield measures 9.09% with $4,765/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 135.05% and total cumulative return in cash records $279,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,765/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Single Family
Built in 2023
7,405 sqft 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 • Akers Ellis Real Estate LLC
Mls Name: CTMLS
Mls ID: #25020855