356 Sea Cloud CirEdisto IslandSC29438
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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 Edisto Island at 356 Sea Cloud Cir, Edisto Island, SC, 29438 at $229,000 posts ROI 23.1% with $202/mo cash flow from $1,565/mo rent. Total monthly income equals $1,565/mo, and annual cash flow records $2,420/yr on $75,914 to close. Return on cash invested measures 23.1% and rental yield reads 8.2% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 119.64% and total cumulative return in cash totals $90,821.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,565/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29438, Edisto Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 1,357 (38.9%) |
| Renter Occupied HU | 184 ( 5.3%) |
| Vacant Housing Units | 1,946 (55.8%) |
| Median Home Value | $716,277 |
| Average Home Value | $867,732 |
Housing Distribution
Address Breakdown
Residential
1,808
Single Family
1,795
Multi-Family
13
Businesses
159
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Listed by: Cassady Caven • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330015