141 Twelve Oaks Dr. #5Pawleys 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
Rental property for sale in Pawleys Island at 141 Twelve Oaks Dr. #5, Pawleys Island, SC, 29585 priced at $489,000 converts $2,886/mo rent into after a $2,393/mo obligation. Total monthly income equals $2,886/mo. Return on cash invested prints 15.48% in year one, and rental yield reads 7.08% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 80.33% and total cumulative return in cash sums $130,210. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,886/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$509 monthly 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: The Coast & Country Team • RE/MAX Executive
Mls Name: CCAR
Mls Provider:
Mls ID: #2521163
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.