37 Devant Dr EOkatieSC29909
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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 Okatie at 37 Devant Dr E, Okatie, SC, 29909 generates $2,936/mo in rent and, after a $1,855/mo payment, leaves $680/mo in cash flow. Total monthly income is $2,936/mo, and annual cash flow is $8,159/yr on $125,639 invested. Return on cash invested sits at 26.4% in year one, and rental yield is 9.3% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 137.35% and total cumulative return in cash sums $172,559. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Larry Stoller • Real Estate Five Of The Lowcountry
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #454723
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