3005 Broad River DrBeaufortSC29906
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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 3005 Broad River Dr, Beaufort, SC, 29906 offers $2,537/mo rent that, after a $1,872/mo payment, leaves $260/mo cash flow. Total monthly income is $2,537/mo, and annual cash flow is $3,122/yr on $126,799 cash. Return on cash invested measures 22.37% in year one, and rental yield stands at 7.96% at a $382,500 entry. Equity gained on principal adds $2,468/yr while 5% annual appreciation compounds into $105,678 by year five. Five-year ROI records 115.77% and total cumulative return in cash reaches $146,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,537/mo property income versus a $1,872/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.34 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: bmls.rets.mckenziet • Realty One Group Lowcountry
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #186344
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.