129 Martins Point DrWandoSC29492
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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
Rental property for sale in Wando at 129 Martins Point Dr, Wando, SC, 29492 priced at $759,000 converts $5,622/mo rent into $1,104/mo cash flow after a $3,715/mo obligation. Total monthly income equals $5,622/mo, and annual cash flow totals $13,245/yr on $249,711 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 8.89% against a $759,000 entry. Equity gained on principal adds $4,898/yr, while 5% annual appreciation compiles into $209,698 by year five. Five-year ROI reaches 131.74% and total cumulative return in cash sums $328,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,622/mo property income covering a $3,715/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25027907