1681 E Ashley Ave #AFolly BeachSC29439
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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 Folly Beach at 1681 E Ashley Ave #A, Folly Beach, SC, 29439 at $1,875,000 posts ROI 13.77% with from $7,822/mo rent. Total monthly income equals $7,822/mo. Return on cash invested measures 13.77% and rental yield reads 5.01% at the current $1,875,000. Equity gained on principal adds $12,099/yr, and 5% annual appreciation supports $518,028 by year five. Five-year ROI prints 69.52% and total cumulative return in cash totals $422,354. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2007
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • SERHANT
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010158
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.