2407 Atlantic AveSullivans IslandSC29482
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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 Sullivans Island at 2407 Atlantic Ave, Sullivans Island, SC, 29482 projects strong ROI of 0.82%. Rental yield 0.81%. With 5% annual appreciation, the property builds $4,006,083 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.06%, translating into $2,793 in total cumulative return on $4,698,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1975
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29482, Sullivans Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 703 (64.3%) |
| Renter Occupied HU | 86 ( 7.9%) |
| Vacant Housing Units | 305 (27.9%) |
| Median Home Value | $1,771,505 |
| Average Home Value | $1,660,132 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
Multi-Family
0
Businesses
174
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Listed by: N/A • Dunes Properties of Chas Inc
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010486
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.