373 Pike Dr, Fripp Island, SC, 29920 | 6.19% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,376/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 6.19% with $4,376/mo rent. Return on cash invested shows 17.15% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 87.7% and total cumulative return in cash records $244,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,376/mo property income covering a $4,155/mo payment rather than investor’s personal income.

Single Family

Built in 1980

0.29 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29920, Saint Helena Island, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,414 (100%)
Owner Occupied HU	4,090 (55.2%)
Renter Occupied HU	504 ( 6.8%)
Vacant Housing Units	2,820 (38.0%)
Median Home Value	$372,123
Average Home Value	$477,945