200 Farm Lake Vw UNIT 302Johns IslandSC29455
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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 Johns Island at 200 Farm Lake Vw UNIT 302, Johns Island, SC, 29455 offers a 2.7% rental yield on a $1,365,000 purchase with $3,073/mo rent. 66% in year one. Equity gained on principal adds $8,808/yr while 5% annual appreciation supports $377,124 over five years. Portfolio math shows five-year ROI at 31.38% and total cumulative return in cash at $138,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,073/mo property income against a $6,681/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
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Listed by: Kiawah Admin • Kiawah Island Real Estate
Mls Name: Kiawah Island Real Estate
Mls ID: #a09TP0000016SkDYAU