1988 Long Creek RdWadmalaw IslandSC29487
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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 Wadmalaw Island at 1988 Long Creek Rd, Wadmalaw Island, SC, 29487 earns from $4,422/mo rent with a $9,544/mo payment. Total monthly income totals $4,422/mo. ROI tracks 6.72% on current figures, and rental yield reads 2.72% at a $1,950,000 purchase. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 over five years. Five-year ROI reaches 31.71% and total cumulative return in cash sums $200,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,422/mo property income instead of your personal income.
Single Family
Built in 1996
3.50 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
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25026574