127 Watersedge Dr. #B2Pawleys IslandSC29585
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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 Pawleys Island at 127 Watersedge Dr. #B2, Pawleys Island, SC, 29585 listed at $240,000 pairs $2,053/mo rent with a $1,175/mo payment to leave $624/mo cash flow. Total monthly income runs $2,053/mo, and annual cash flow reaches $7,488/yr on $79,560 cash to close. Return on cash invested measures 29.32% in year one, and rental yield registers 10.27% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 152.99% and total cumulative return in cash totals $121,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,053/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29585, Pawleys Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,166 (100%) |
| Owner Occupied HU | 7,094 (58.3%) |
| Renter Occupied HU | 1,077 ( 8.9%) |
| Vacant Housing Units | 3,995 (32.8%) |
| Median Home Value | $472,632 |
| Average Home Value | $558,954 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
8,875
Multi-Family
1,005
Businesses
886
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Listed by: Douglas Henderson • Heritage Coast Realty
Mls Name: CCAR
Mls ID: #2527547