31 Battery White Ct. #1005GeorgetownSC29440
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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
Investment property for sale in Georgetown at 31 Battery White Ct. #1005, Georgetown, SC, 29440 uses $86,157 cash to close to unlock $6,119/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $2,057/mo, and a $1,272/mo payment keeps the spread at $510/mo. Purchase price stands at $259,900, and rental yield measures 9.5% with $2,057/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 140.62% and total cumulative return in cash records $121,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29440, Georgetown, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,040 (100%) |
| Owner Occupied HU | 9,010 (64.2%) |
| Renter Occupied HU | 2,616 (18.6%) |
| Vacant Housing Units | 2,414 (17.2%) |
| Median Home Value | $215,863 |
| Average Home Value | $349,134 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
12,984
Multi-Family
168
Businesses
906
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Listed by: Michael Walsh • RE/MAX Executive
Mls Name: CCAR
Mls ID: #2526526