1505 Marsh Haven RdJohns IslandSC29455
Nearby investment properties with comparable rents
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
Rental property for sale in Johns Island at 1505 Marsh Haven Rd, Johns Island, SC, 29455 priced at $800,000 converts $2,315/mo rent into after a $3,916/mo obligation. Total monthly income equals $2,315/mo. Return on cash invested prints 6.65% in year one, and rental yield reads 3.47% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 32.21% and total cumulative return in cash sums $84,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,315/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Abode Real Estate Group LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24029481
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.