1231 Ladys Island Dr UNIT 220Port 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
Investment property for sale in Port Royal at 1231 Ladys Island Dr UNIT 220, Port Royal, SC, 29935 listed at $178,900 pairs $1,544/mo rent with a $876/mo payment to leave $446/mo cash flow. Total monthly income runs $1,544/mo, and annual cash flow reaches $5,358/yr on $59,305 cash to close. Return on cash invested measures 28.94% in year one, and rental yield registers 10.36% at a $178,900 basis. Equity gained on principal adds $1,154/yr, and annual property appreciation at 5% supports $49,427 by year five. Five-year ROI tracks 151.26% and total cumulative return in cash totals $89,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,544/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
N/A 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: Christopher L. Skrip • RE/MAX Dream
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #187263
Disclaimer: 2024 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.