2956 Needlegrass DrBeaufortSC29902
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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 2956 Needlegrass Dr, Beaufort, SC, 29902 priced at $519,000 converts $4,244/mo rent into $1,155/mo cash flow after a $2,540/mo obligation. Total monthly income equals $4,244/mo, and annual cash flow totals $13,857/yr on $170,751 invested. Return on cash invested prints 28.18% in year one, and rental yield reads 9.81% against a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation compiles into $143,390 by year five. Five-year ROI reaches 146.82% and total cumulative return in cash sums $250,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,244/mo property income covering a $2,540/mo payment, not borrower’s personal income.
Single Family
Built in 2023
4,356 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: Dawn D Yerace • Lowcountry Real Estate
Mls Name: Lowcountry Regional MLS
Mls ID: #192211