519 E Arctic 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
Rental property for sale in Folly Beach at 519 E Arctic Ave, Folly Beach, SC, 29439 offers $3,403/mo rent that, after a $9,784/mo payment. Total monthly income is $3,403/mo. Return on cash invested measures 4.63% in year one, and rental yield stands at 2.04% at a $1,999,000 entry. Equity gained on principal adds $12,899/yr while 5% annual appreciation compounds into $552,287 by year five. Five-year ROI records 20.48% and total cumulative return in cash reaches $132,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,403/mo property income versus a $9,784/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
4,356 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 • Lighthouse Real Estate, LLC
Mls Name: CTMLS
Mls ID: #25022328