124 S Shore DrFair PlaySC29643
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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 Fair Play at 124 S Shore Dr, Fair Play, SC, 29643 offers a 4.09% rental yield on a $1,195,000 purchase with $4,073/mo rent. 95% in year one. Equity gained on principal adds $7,711/yr while 5% annual appreciation supports $330,156 over five years. Portfolio math shows five-year ROI at 54.37% and total cumulative return in cash at $210,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,073/mo property income against a $5,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29643, Fair Play, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,249 (58.0%) |
| Renter Occupied HU | 186 ( 8.6%) |
| Vacant Housing Units | 717 (33.3%) |
| Median Home Value | $375,427 |
| Average Home Value | $425,562 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,653
Multi-Family
34
Businesses
107
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Listed by: Joseph Martin • JW Martin Real Estate
Mls Name: WUMLS
Mls ID: #20290102