2908 2nd StBeaufortSC29902
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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 Beaufort at 2908 2nd St, Beaufort, SC, 29902 offers a 11.95% rental yield on a $185,000 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $905/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,907/yr on $61,328 to close, and return on cash invested stands at 34.43% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 180.47% and total cumulative return in cash at $110,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,287 sqft lot
$N/A/sqft
No 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: The Love Group • Realty One Group - Lowcountry
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #444136
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. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.