117 Whitetail Way #2Pawleys IslandSC29585
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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 Pawleys Island at 117 Whitetail Way #2, Pawleys Island, SC, 29585 earns $946/mo cash flow from $3,625/mo rent with a $2,203/mo payment. Total monthly income totals $3,625/mo, and annual cash flow totals $11,349/yr on $149,175 capital. ROI tracks 27.52% on current figures, and rental yield reads 9.67% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 143.33% and total cumulative return in cash sums $213,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,625/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29585, Pawleys Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,166 (100%) |
| Owner Occupied HU | 7,094 (58.3%) |
| Renter Occupied HU | 1,077 ( 8.9%) |
| Vacant Housing Units | 3,995 (32.8%) |
| Median Home Value | $472,632 |
| Average Home Value | $558,954 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
8,875
Multi-Family
1,005
Businesses
886
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Listed by: Patricia C Payne • The Litchfield Company Real Estate Gtwn
Mls Name: CCAR
Mls ID: #2526074