149 Old Cedar LoopPawleys 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
Investment property for sale in Pawleys Island at 149 Old Cedar Loop, Pawleys Island, SC, 29585 listed at $475,000 pairs $4,692/mo rent with a $2,325/mo payment to leave $1,864/mo cash flow. Total monthly income runs $4,692/mo, and annual cash flow reaches $22,372/yr on $157,463 cash to close. Return on cash invested measures 34.12% in year one, and rental yield registers 11.85% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 178.73% and total cumulative return in cash totals $281,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,692/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.38 Acres lot
$N/A/sqft
No 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: Angela ''Angie'' Wilkie • Keller Williams Realty-BC
Mls Name: CCAR
Mls ID: #2514739