1213 16th StPt 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 Pt Royal at 1213 16th St, Pt Royal, SC, 29935 generates $1,900/mo in rent, after a $2,398/mo payment. Total monthly income is $1,900/mo. Return on cash invested sits at 12.4% in year one, and rental yield is 4.65% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 62.26% and total cumulative return in cash sums $101,105. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,405 sqft 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: Carl Joye • Apex Team Real Estate
Mls Name: Lowcountry Regional MLS
Mls ID: #193357