57 Lakeside Dr. UNIT BPawleys 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 57 Lakeside Dr. UNIT B, Pawleys Island, SC, 29585 earns from $2,467/mo rent with a $2,508/mo payment. Total monthly income totals $2,467/mo. ROI tracks 11.36% on current figures, and rental yield reads 5.78% at a $512,482 purchase. Equity gained on principal adds $3,307/yr, and 5% annual appreciation supports $141,589 over five years. Five-year ROI reaches 58.31% and total cumulative return in cash sums $98,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,467/mo property income instead of your personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$512 monthly 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: Peter Makris • BHGRE Paracle Myrtle Beach
Mls Name: CCAR
Mls Provider:
Mls ID: #2506494
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. 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, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.