2618 Holmes Rd UNIT EBeaufortSC29902
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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 2618 Holmes Rd UNIT E, Beaufort, SC, 29902 offers $2,128/mo rent that, after a $1,028/mo payment, leaves $732/mo cash flow. Total monthly income is $2,128/mo, and annual cash flow is $8,781/yr on $69,615 cash. Return on cash invested measures 32.52% in year one, and rental yield stands at 12.16% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 171.09% and total cumulative return in cash reaches $119,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,128/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$146 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29902, Beaufort, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,314 (100%) |
| Owner Occupied HU | 4,373 (52.6%) |
| Renter Occupied HU | 2,889 (34.7%) |
| Vacant Housing Units | 1,052 (12.7%) |
| Median Home Value | $435,980 |
| Average Home Value | $542,824 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
6,312
Multi-Family
602
Businesses
568
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Listed by: Terry Johnson • Century 21 Carolina Realty
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #187384
Disclaimer: 2024 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.