141 Palmetto BlvdEdisto IslandSC29438
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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
Total monthly income runs $3,311/mo, and a $2,936/mo payment. Purchase price stands at $599,900, and rental yield measures 6.62% with $3,311/mo rent. Return on cash invested shows 18.48% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 94.85% and total cumulative return in cash records $187,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,311/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29438, Edisto Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 1,357 (38.9%) |
| Renter Occupied HU | 184 ( 5.3%) |
| Vacant Housing Units | 1,946 (55.8%) |
| Median Home Value | $716,277 |
| Average Home Value | $867,732 |
Housing Distribution
Address Breakdown
Residential
1,808
Single Family
1,795
Multi-Family
13
Businesses
159
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Listed by: N/A • RE/MAX Seaside
Mls Name: CTMLS
Mls ID: #25031640