1507 Ivy LnBeaufortSC29902
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 Beaufort at 1507 Ivy Ln, Beaufort, SC, 29902 generates $2,723/mo in rent and, after a $1,738/mo payment, leaves $609/mo in cash flow. Total monthly income is $2,723/mo, and annual cash flow is $7,312/yr on $117,683 invested. Return on cash invested sits at 26.12% in year one, and rental yield is 9.2% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 135.87% and total cumulative return in cash sums $159,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,723/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29902, Beaufort, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,314 (100%) |
| Owner Occupied HU | 4,373 (52.6%) |
| Renter Occupied HU | 2,889 (34.7%) |
| Vacant Housing Units | 1,052 (12.7%) |
| Median Home Value | $435,980 |
| Average Home Value | $542,824 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
6,312
Multi-Family
602
Businesses
568
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Washington • Flame Lilly Real Estate Group (649)
Mls Name: REsides, Inc.
Mls ID: #455018