1609 Madrid AvePt RoyalSC29935
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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 Pt Royal at 1609 Madrid Ave, Pt Royal, SC, 29935 offers a 7.27% rental yield on a $460,200 purchase with $2,788/mo rent. Total monthly income registers $2,788/mo, and a $2,252/mo payment leaves $49/mo available for distribution. Annual cash flow reaches $588/yr on $152,556 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $2,970/yr while 5% annual appreciation supports $127,145 over five years. Portfolio math shows five-year ROI at 104.59% and total cumulative return in cash at $159,556. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,788/mo property income against a $2,252/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29935, Port Royal, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 737 (34.6%) |
| Renter Occupied HU | 1,127 (53.0%) |
| Vacant Housing Units | 263 (12.4%) |
| Median Home Value | $370,438 |
| Average Home Value | $405,896 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
1,603
Multi-Family
503
Businesses
278
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Listed by: Heather Jo Piontek • Century 21 Coastal Town Realty
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #191630
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. 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.