3014 Cherry BlvdBeaufortSC29902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3014 Cherry Blvd, Beaufort, SC, 29902 offers a 8.83% rental yield on a $275,000 purchase with $2,024/mo rent. Total monthly income registers $2,024/mo, and a $1,346/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,644/yr on $91,163 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 129.84% and total cumulative return in cash at $118,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,024/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alice Burke • Coldwell Banker Access Realty (537)
Mls Name: REsides, Inc.
Mls ID: #500666