1628 Point Park DrJohns 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 1628 Point Park Dr, Johns Island, SC, 29455 priced at $425,000 converts $2,776/mo rent into $246/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,776/mo, and annual cash flow totals $2,955/yr on $140,888 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 7.84% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 113.8% and total cumulative return in cash sums $160,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,776/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.34 Acres 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 • Three Real Estate LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010104
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