81 Mullet Bay Rd Lot 14 Marsh PointePawleys 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 81 Mullet Bay Rd Lot 14 Marsh Pointe, Pawleys Island, SC, 29585 offers a 4.07% rental yield on a $1,350,000 purchase with $4,574/mo rent. 87% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Portfolio math shows five-year ROI at 53.96% and total cumulative return in cash at $236,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,574/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft 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: Joseph Adam A Wilson • The Beverly Group
Mls Name: CCAR
Mls ID: #2525343