478 Pinehurst Ln. #17DPawleys 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 478 Pinehurst Ln. #17D, Pawleys Island, SC, 29585 offers a 8.15% rental yield on a $319,900 purchase with $2,173/mo rent. Total monthly income registers $2,173/mo, and a $1,566/mo payment leaves $268/mo available for distribution. Annual cash flow reaches $3,221/yr on $106,047 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 118.85% and total cumulative return in cash at $126,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,173/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A 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: Lawrence "Lance" J Stopper • Century 21 Stopper &Associates
Mls Name: CCAR
Mls ID: #2523432