2202 Waterway BlvdIsle 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 2202 Waterway Blvd, Isle Of Palms, SC, 29451 with 5% annual appreciation on a $1,387,100 basis while $9,230/mo rent supports operations. Total monthly income totals $9,230/mo and a $6,789/mo payment preserves $973/mo for cash returns. Annual cash flow comes to $11,676/yr on $449,420 deployed, and return on cash invested reaches 22.97% in year one. Equity gained on principal adds $8,951/yr, and five-year appreciation sums $383,230 alongside rental yield of 7.99%. Five-year ROI measures 118.82% and total cumulative return in cash totals $534,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,230/mo property income versus a $6,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.25 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 • N/A
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