601 Retreat Beach Circle #125Pawleys 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 601 Retreat Beach Circle #125, Pawleys Island, SC, 29585 earns $404/mo cash flow from $2,518/mo rent with a $1,738/mo payment. Total monthly income totals $2,518/mo, and annual cash flow totals $4,852/yr on $117,683 capital. ROI tracks 24.03% on current figures, and rental yield reads 8.51% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 124.66% and total cumulative return in cash sums $146,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,518/mo property income instead of your personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No 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: Jamie Beard Team • The Litchfield Company RE
Mls Name: CCAR
Mls ID: #2517327