178 Salt Marsh Circle UNIT 30-EPawleys 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 178 Salt Marsh Circle UNIT 30-E, Pawleys Island, SC, 29585 listed at $220,000 pairs $1,998/mo rent with a $1,077/mo payment to leave $293/mo cash flow. Total monthly income runs $1,998/mo, and annual cash flow reaches $3,520/yr on $72,930 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 10.9% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 130.81% and total cumulative return in cash totals $95,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,998/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
$369 monthly 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: Jamie Beard Team • The Litchfield Company RE
Mls Name: CCAR
Mls Provider:
Mls ID: #2500654
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.