40 Parkside Dr.Pawleys 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
Investment property for sale in Pawleys Island at 40 Parkside Dr, Pawleys Island, SC, 29585 earns $422/mo cash flow from $2,916/mo rent with a $2,051/mo payment. Total monthly income totals $2,916/mo, and annual cash flow totals $5,059/yr on $138,899 capital. ROI tracks 23.55% on current figures, and rental yield reads 8.35% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 122.07% and total cumulative return in cash sums $169,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,916/mo property income instead of your personal income.
Single Family
Built in 2018
7,840 sqft lot
$N/A/sqft
No 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: Blake B Sloan • Sloan Realty Group
Mls Name: CCAR
Mls ID: #2510888