7 Outer Banks WayDaufuskie IslandSC29915
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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 Daufuskie Island at 7 Outer Banks Way, Daufuskie Island, SC, 29915 uses $205,625 cash to close to unlock $21,295/yr annual cash flow and $1,775/mo monthly cash flow. Total monthly income runs $5,495/mo, and a $3,059/mo payment keeps the spread at $1,775/mo. Purchase price stands at $625,000, and rental yield measures 10.55% with $5,495/mo rent. Return on cash invested shows 30.42% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 158.84% and total cumulative return in cash records $326,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,495/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.09 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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Listed by: Jennifer Windley • Premier Properties by Haig Point (667)
Mls Name: REsides, Inc.
Mls ID: #503825