7000 Palmetto Dr UNIT 5AIsle Of PalmsSC29451
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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 Isle Of Palms at 7000 Palmetto Dr UNIT 5A, Isle Of Palms, SC, 29451 earns from $3,445/mo rent with a $5,056/mo payment. Total monthly income totals $3,445/mo. ROI tracks 10.67% on current figures, and rental yield reads 4% at a $1,033,000 purchase. Equity gained on principal adds $6,666/yr, and 5% annual appreciation supports $285,399 over five years. Five-year ROI reaches 52.9% and total cumulative return in cash sums $177,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,445/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29451, Isle Of Palms, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 1,896 (40.2%) |
| Renter Occupied HU | 161 ( 3.4%) |
| Vacant Housing Units | 2,659 (56.4%) |
| Median Home Value | $1,214,612 |
| Average Home Value | $1,338,743 |
Housing Distribution
Address Breakdown
Residential
3,060
Single Family
2,881
Multi-Family
179
Businesses
251
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25029417