1300 Ocean Blvd #114-AIsle Of PalmsSC29451
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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 Isle Of Palms at 1300 Ocean Blvd #114-A, Isle Of Palms, SC, 29451 earns $509/mo cash flow from $4,200/mo rent with a $3,035/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $6,106/yr on $203,980 capital. ROI tracks 23.05% on current figures, and rental yield reads 8.13% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 119.36% and total cumulative return in cash sums $243,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29451, Isle Of Palms, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 1,896 (40.2%) |
| Renter Occupied HU | 161 ( 3.4%) |
| Vacant Housing Units | 2,659 (56.4%) |
| Median Home Value | $1,214,612 |
| Average Home Value | $1,338,743 |
Housing Distribution
Address Breakdown
Residential
3,060
Single Family
2,881
Multi-Family
179
Businesses
251
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Listed by: N/A • Matt O'Neill Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25006768
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.