3701 Dock Site Rd APT 205Edisto 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
Rental property for sale in Edisto Island at 3701 Dock Site Rd APT 205, Edisto Island, SC, 29438 generates $1,864/mo in rent, after a $2,315/mo payment. Total monthly income is $1,864/mo. Return on cash invested sits at 12.63% in year one, and rental yield is 4.73% on a $472,900 entry. Equity gained on principal adds $3,052/yr, while 5% annual appreciation builds toward $130,654 over five years. Five-year ROI reaches 63.49% and total cumulative return in cash sums $99,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,864/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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