306 Salt Marsh Circle #5APawleys IslandSC29585
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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 Pawleys Island at 306 Salt Marsh Circle #5A, Pawleys Island, SC, 29585 priced at $295,000 pairs $2,846/mo rent with $1,090/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,846/mo, and annual cash flow comes to $13,078/yr on $97,793 invested. Return on cash invested is 33.28% in year one, and rental yield stands at 11.58% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 174.25% and total cumulative return in cash reaches $170,402. For financing, Ziffy Mortgage’s DSCR program evaluates $2,846/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29585, Pawleys Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,166 (100%) |
| Owner Occupied HU | 7,094 (58.3%) |
| Renter Occupied HU | 1,077 ( 8.9%) |
| Vacant Housing Units | 3,995 (32.8%) |
| Median Home Value | $472,632 |
| Average Home Value | $558,954 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
8,875
Multi-Family
1,005
Businesses
886
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Listed by: Anthony A Wise • aWise Realtors LLC
Mls Name: CCAR
Mls ID: #2511818