201 W Arctic Ave #101Folly BeachSC29439
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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 Folly Beach at 201 W Arctic Ave #101, Folly Beach, SC, 29439 listed at $975,000 pairs $6,601/mo rent with a $4,772/mo payment to leave $797/mo cash flow. Total monthly income runs $6,601/mo, and annual cash flow reaches $9,566/yr on $320,775 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 8.12% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 119.31% and total cumulative return in cash totals $382,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,601/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • Century 21 Properties Plus
Mls Name: CTMLS
Mls ID: #26000130