1506 Chastain RdJohns IslandSC29455
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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 Johns Island at 1506 Chastain Rd, Johns Island, SC, 29455 generates $2,935/mo in rent, after a $2,545/mo payment. Total monthly income is $2,935/mo. Return on cash invested sits at 18.94% in year one, and rental yield is 6.77% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 97.28% and total cumulative return in cash sums $166,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,935/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
9,147 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
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Listed by: N/A • Jeff Cook Real Estate LPT Realty
Mls Name: CTMLS
Mls ID: #25022366