2857 Brownell 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
Rental property for sale in Sullivans Island at 2857 Brownell Ave, Sullivans Island, SC, 29482 priced at $1,650,000 converts $10,446/mo rent into $624/mo cash flow after a $8,076/mo obligation. Total monthly income equals $10,446/mo, and annual cash flow totals $7,485/yr on $534,600 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 7.6% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 112.41% and total cumulative return in cash sums $600,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $10,446/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.34 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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Nearby investment properties with comparable prices
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