366 Pinehurst Ln. UNIT 13EPawleys 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 366 Pinehurst Ln. UNIT 13E, Pawleys Island, SC, 29585 generates $2,188/mo in rent, after a $1,664/mo payment. Total monthly income is $2,188/mo. Return on cash invested sits at 12.55% in year one, and rental yield is 7.72% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 66.42% and total cumulative return in cash sums $74,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$658 monthly 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: Peace Groat Property Advisors • Peace Sotheby's Intl Realty PI
Mls Name: CCAR
Mls Provider:
Mls ID: #2507528
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.