1661 Lonnie Taylor LnWadmalaw IslandSC29487
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1661 Lonnie Taylor Ln, Wadmalaw Island, SC, 29487 in Wadmalaw Island speaks for itself: 24.07% gross on a $104,330 price, generating $2,093/mo in rent and $1,472/mo in net income after the $469/mo debt service. DSCR 4.46, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,661 stacks alongside $28,824 in projected five-year appreciation and $961/yr in principal reduction. Projected total cumulative return: $134,207.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 24.1% | 6.2% |
| Monthly Cash Flow | $1,472 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,093 |
| Total Monthly Debt Service | $580 |
| DSCR Ratio | 3.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29487, Wadmalaw Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,118 (76.2%) |
| Renter Occupied HU | 143 ( 9.7%) |
| Vacant Housing Units | 207 (14.1%) |
| Median Home Value | $595,199 |
| Average Home Value | $735,606 |
Housing Distribution
Address Breakdown
Residential
1,314
Single Family
1,314
Multi-Family
0
Businesses
59
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
Single Family
Built in 2016
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29487, Wadmalaw Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,118 (76.2%) |
| Renter Occupied HU | 143 ( 9.7%) |
| Vacant Housing Units | 207 (14.1%) |
| Median Home Value | $595,199 |
| Average Home Value | $735,606 |
Housing Distribution
Address Breakdown
Residential
1,314
Single Family
1,314
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A