504 Candida DrBeaufortSC29906
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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
Rental property for sale in Beaufort at 504 Candida Dr, Beaufort, SC, 29906 priced at $275,000 converts $2,528/mo rent into $561/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,528/mo, and annual cash flow totals $6,732/yr on $91,163 invested. Return on cash invested prints 27.29% in year one, and rental yield reads 11.03% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 143.69% and total cumulative return in cash sums $130,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,528/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Condo
Built in 2016
2,178 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29906, Beaufort, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,877 (100%) |
| Owner Occupied HU | 5,286 (48.6%) |
| Renter Occupied HU | 4,546 (41.8%) |
| Vacant Housing Units | 1,045 ( 9.6%) |
| Median Home Value | $254,283 |
| Average Home Value | $330,256 |
Housing Distribution
Address Breakdown
Residential
10,597
Single Family
8,314
Multi-Family
2,283
Businesses
563
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Listed by: Leslie Mitchell • Fripp Island Real Estate Co
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #190375
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.