1210 Madrid AvePort RoyalSC29935
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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 Port Royal at 1210 Madrid Ave, Port Royal, SC, 29935 priced at $595,000 converts $2,182/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,182/mo. Return on cash invested prints 11.73% in year one, and rental yield reads 4.4% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 58.62% and total cumulative return in cash sums $114,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,182/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29935, Port Royal, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 737 (34.6%) |
| Renter Occupied HU | 1,127 (53.0%) |
| Vacant Housing Units | 263 (12.4%) |
| Median Home Value | $370,438 |
| Average Home Value | $405,896 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
1,603
Multi-Family
503
Businesses
278
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Listed by: George Starega • 1st Choice Realty of SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #572844
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC