32 Haig Point RdDaufuskie IslandSC29915
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 Daufuskie Island at 32 Haig Point Rd, Daufuskie Island, SC, 29915 uses $42,764 cash to close to unlock $21,057/yr annual cash flow and $1,755/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $631/mo payment keeps the spread at $1,755/mo. Purchase price stands at $129,000, and rental yield measures 23.49% with $2,525/mo rent. Return on cash invested shows 69.15% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 366.62% and total cumulative return in cash records $156,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $631/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29915, Daufuskie Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 254 (50.2%) |
| Renter Occupied HU | 12 ( 2.4%) |
| Vacant Housing Units | 240 (47.4%) |
| Median Home Value | $795,455 |
| Average Home Value | $902,421 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
4
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Listed by: Laura Leigh Miles • Premier Properties by Haig Point
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #440996
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.