257 Shanklin RdBeaufortSC29906
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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
Rental property for sale in Beaufort at 257 Shanklin Rd, Beaufort, SC, 29906 offers $2,078/mo rent that, after a $1,463/mo payment, leaves $299/mo cash flow. Total monthly income is $2,078/mo, and annual cash flow is $3,583/yr on $99,119 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 8.34% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 121.94% and total cumulative return in cash reaches $120,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,078/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29906, Beaufort, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,877 (100%) |
| Owner Occupied HU | 5,286 (48.6%) |
| Renter Occupied HU | 4,546 (41.8%) |
| Vacant Housing Units | 1,045 ( 9.6%) |
| Median Home Value | $254,283 |
| Average Home Value | $330,256 |
Housing Distribution
Address Breakdown
Residential
10,597
Single Family
8,314
Multi-Family
2,283
Businesses
563
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Listed by: Hamza Abdelqader • The Faris Group Bkd by eXp
Mls Name: Lowcountry Regional MLS
Mls ID: #193752