701 Island DrPt RoyalSC29935
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 Pt Royal at 701 Island Dr, Pt Royal, SC, 29935 priced at $219,900 pairs $1,519/mo rent with $210/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,519/mo, and annual cash flow comes to $2,523/yr on $72,897 invested. Return on cash invested is 23.37% in year one, and rental yield stands at 8.29% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 121.13% and total cumulative return in cash reaches $88,300. For financing, Ziffy Mortgage’s DSCR program evaluates $1,519/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29935, Port Royal, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 737 (34.6%) |
| Renter Occupied HU | 1,127 (53.0%) |
| Vacant Housing Units | 263 (12.4%) |
| Median Home Value | $370,438 |
| Average Home Value | $405,896 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
1,603
Multi-Family
503
Businesses
278
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Listed by: Justin Keown • Bay Street Realty Group
Mls Name: BHHS broker feed
Mls ID: #192104