1300 Ocean Blvd #314Isle Of PalmsSC29451
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Nearby investment properties with comparable prices
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 #314, Isle Of Palms, SC, 29451 listed at $697,500 pairs $1,973/mo rent with a $3,414/mo payment. Total monthly income runs $1,973/mo. Return on cash invested measures 8.66% in year one, and rental yield registers 3.39% at a $697,500 basis. Equity gained on principal adds $4,501/yr, and annual property appreciation at 5% supports $192,706 by year five. Five-year ROI tracks 42.2% and total cumulative return in cash totals $96,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $3,414/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 • 32 South Properties, LLC
Mls Name: CTMLS
Mls ID: #25026234