406 E Ashley AveFolly BeachSC29439
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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 Folly Beach at 406 E Ashley Ave, Folly Beach, SC, 29439 projects strong ROI of 14.44%. Rental yield 5.22%. With 5% annual appreciation, the property builds $660,175 in value over five years. Equity growth combined delivers a projected five-year ROI of 73.11%, translating into $566,006 in total cumulative return on $774,198 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • Luxury Simplified Real Estate, INC
Mls Name: CTMLS
Mls ID: #25028366