31 9th St WFolly BeachSC29439
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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
Total monthly income runs $5,063/mo, and a $6,485/mo payment. Purchase price stands at $1,325,000, and rental yield measures 4.59% with $5,063/mo rent. Return on cash invested shows 12.48% in year one, and 5% annual appreciation builds toward $366,073 over five years. Five-year ROI reaches 62.56% and total cumulative return in cash records $268,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,063/mo property income covering a $6,485/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • Carolina One Real Estate Folly Beach
Mls Name: CTMLS
Mls ID: #25031474