1220 Middle StSullivans IslandSC29482
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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 Sullivans Island at 1220 Middle St, Sullivans Island, SC, 29482 earns $3,423/mo cash flow from $7,744/mo rent with a $3,553/mo payment. Total monthly income totals $7,744/mo, and annual cash flow totals $41,073/yr on $238,821 capital. ROI tracks 37.26% on current figures, and rental yield reads 12.8% at a $725,900 purchase. Equity gained on principal adds $4,684/yr, and 5% annual appreciation supports $200,553 over five years. Five-year ROI reaches 195.53% and total cumulative return in cash sums $466,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,744/mo property income instead of your personal income.
Single Family
Built in 1910
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29482, Sullivans Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 703 (64.3%) |
| Renter Occupied HU | 86 ( 7.9%) |
| Vacant Housing Units | 305 (27.9%) |
| Median Home Value | $1,771,505 |
| Average Home Value | $1,660,132 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
Multi-Family
0
Businesses
174
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