8 Money Mongin LnDaufuskie 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
Rental property for sale in Daufuskie Island at 8 Money Mongin Ln, Daufuskie Island, SC, 29915 priced at $929,000 converts $4,274/mo rent into after a $4,547/mo obligation. Total monthly income equals $4,274/mo. Return on cash invested prints 15.13% in year one, and rental yield reads 5.52% against a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation compiles into $256,666 by year five. Five-year ROI reaches 76.86% and total cumulative return in cash sums $234,908. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,274/mo property income covering a $4,547/mo payment, not borrower’s personal income.
Single Family
Built in 1996
N/A 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: #454690