1231 Ladys Island Dr UNIT 221Port 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 221, Port Royal, SC, 29935 uses $85,859 cash to close to unlock $8,363/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $2,239/mo, and a $1,268/mo payment keeps the spread at $697/mo. Purchase price stands at $259,000, and rental yield measures 10.37% with $2,239/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 154.74% and total cumulative return in cash records $132,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,239/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 1998
101.18 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: Shelia T. Bennett • Sea Island Rentals
Mls Name: Lowcountry Regional MLS
Mls ID: #192410