540 Oristo RdgEdisto IslandSC29438
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
Rental property for sale in Edisto Island at 540 Oristo Rdg, Edisto Island, SC, 29438 offers $5,130/mo rent that, after a $7,097/mo payment. Total monthly income is $5,130/mo. Return on cash invested measures 11.43% in year one, and rental yield stands at 4.25% at a $1,450,000 entry. Equity gained on principal adds $9,357/yr while 5% annual appreciation compounds into $400,608 by year five. Five-year ROI records 56.94% and total cumulative return in cash reaches $267,501. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,130/mo property income versus a $7,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29438, Edisto Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 1,357 (38.9%) |
| Renter Occupied HU | 184 ( 5.3%) |
| Vacant Housing Units | 1,946 (55.8%) |
| Median Home Value | $716,277 |
| Average Home Value | $867,732 |
Housing Distribution
Address Breakdown
Residential
1,808
Single Family
1,795
Multi-Family
13
Businesses
159
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25030926