19 23rd AveIsle Of PalmsSC29451
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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 Isle Of Palms at 19 23rd Ave, Isle Of Palms, SC, 29451 offers a 3.91% rental yield on a $1,850,000 purchase with $6,028/mo rent. 39% in year one. Equity gained on principal adds $11,938/yr while 5% annual appreciation supports $511,121 over five years. Portfolio math shows five-year ROI at 51.38% and total cumulative return in cash at $307,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,028/mo property income against a $9,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29451, Isle Of Palms, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 1,896 (40.2%) |
| Renter Occupied HU | 161 ( 3.4%) |
| Vacant Housing Units | 2,659 (56.4%) |
| Median Home Value | $1,214,612 |
| Average Home Value | $1,338,743 |
Housing Distribution
Address Breakdown
Residential
3,060
Single Family
2,881
Multi-Family
179
Businesses
251
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Listed by: N/A • Realty ONE Group Coastal
Mls Name: CTMLS
Mls Provider:
Mls ID: #24029705
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.