1611 Carolina Ave #ABeaufortSC29906
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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 Beaufort at 1611 Carolina Ave #A, Beaufort, SC, 29906 earns $270/mo cash flow from $1,907/mo rent with a $1,346/mo payment. Total monthly income totals $1,907/mo, and annual cash flow totals $3,240/yr on $91,163 capital. ROI tracks 23.46% on current figures, and rental yield reads 8.32% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 121.58% and total cumulative return in cash sums $110,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,907/mo property income instead of your personal income.
Manufactured
Built in 2004
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29906, Beaufort, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,877 (100%) |
| Owner Occupied HU | 5,286 (48.6%) |
| Renter Occupied HU | 4,546 (41.8%) |
| Vacant Housing Units | 1,045 ( 9.6%) |
| Median Home Value | $254,283 |
| Average Home Value | $330,256 |
Housing Distribution
Address Breakdown
Residential
10,597
Single Family
8,314
Multi-Family
2,283
Businesses
563
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Listed by: Hamza Abdelqader • The Faris Group Bkd by eXp
Mls Name: Lowcountry Regional MLS
Mls ID: #192130