6 Outer Banks WayDaufuskie IslandSC29915
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 Daufuskie Island at 6 Outer Banks Way, Daufuskie Island, SC, 29915 priced at $828,500 converts $5,981/mo rent into $668/mo cash flow after a $4,055/mo obligation. Total monthly income equals $5,981/mo, and annual cash flow totals $8,017/yr on $272,577 invested. Return on cash invested prints 23% in year one, and rental yield reads 8.66% against a $828,500 entry. Equity gained on principal adds $5,346/yr, while 5% annual appreciation compiles into $228,899 by year five. Five-year ROI reaches 119.69% and total cumulative return in cash sums $326,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,981/mo property income covering a $4,055/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29915, Daufuskie Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 254 (50.2%) |
| Renter Occupied HU | 12 ( 2.4%) |
| Vacant Housing Units | 240 (47.4%) |
| Median Home Value | $795,455 |
| Average Home Value | $902,421 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: Laura Leigh Miles • Premier Properties by Haig Point
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #451111
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.