407 Ocean Point LnFripp IslandSC29920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fripp Island at 407 Ocean Point Ln, Fripp Island, SC, 29920 projects strong ROI of 3.78%. Rental yield 1.77%. With 5% annual appreciation, the property builds $787,126 in value over five years. Equity growth combined delivers a projected five-year ROI of 15.95%, translating into $147,207 in total cumulative return on $923,076 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 1995
5,797 sqft 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 |
Housing Distribution
Address Breakdown
Residential
6,055
Single Family
5,939
Multi-Family
116
Businesses
182
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Listed by: Walter (Shannon Tanner) Malphrus • Daniel Ravenel Sotheby's International Realty
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #450428
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.