257 Old Baileys RdOkatieSC29909
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 257 Old Baileys Rd, Okatie, SC, 29909 in Okatie at $1,295,000, 1.83% gross yield, is a market-growth asset. Rental yield 1.83%. The $1,978/mo rent partially funds the $5,823/mo debt service; the core return is the 5%/yr price growth projected to add $357,785 over five years. Ziffy Mortgage's DSCR mortgage (0.34) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $107,748.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.8% | 6.2% |
| Monthly Cash Flow | $(5,951) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,978 |
| Total Monthly Debt Service | $7,414 |
| DSCR Ratio | 0.27x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lowcountry Group • Engel & Volkers
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #453793
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.