47 Spring Island DrOkatieSC29909
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 Okatie at 47 Spring Island Dr, Okatie, SC, 29909 with 5% annual appreciation on a $1,075,000 basis while $3,347/mo rent supports operations. 85% in year one. Equity gained on principal adds $6,937/yr, and five-year appreciation sums $297,003 alongside rental yield of 3.74%. Five-year ROI measures 48.5% and total cumulative return in cash totals $168,942. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,347/mo property income versus a $5,262/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
1.03 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Emily Kearney • Coastal Real Estate Solutions II
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #453298
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