17 Racquet Club Dr.Pawleys IslandSC29585
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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 Pawleys Island at 17 Racquet Club Dr, Pawleys Island, SC, 29585 with 5% annual appreciation on a $443,900 basis while $3,371/mo rent supports operations. Total monthly income totals $3,371/mo and a $2,173/mo payment preserves $728/mo for cash returns. Annual cash flow comes to $8,739/yr on $147,153 deployed, and return on cash invested reaches 25.85% in year one. Equity gained on principal adds $2,864/yr, and five-year appreciation sums $122,641 alongside rental yield of 9.11%. Five-year ROI measures 134.39% and total cumulative return in cash totals $197,759.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,371/mo property income versus a $2,173/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29585, Pawleys Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,166 (100%) |
| Owner Occupied HU | 7,094 (58.3%) |
| Renter Occupied HU | 1,077 ( 8.9%) |
| Vacant Housing Units | 3,995 (32.8%) |
| Median Home Value | $472,632 |
| Average Home Value | $558,954 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
8,875
Multi-Family
1,005
Businesses
886
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Listed by: Christine M Howard • CRG Homes
Mls Name: CCAR
Mls ID: #2523456