897 Fording Island Rd APT 1911BlufftonSC29910
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 897 Fording Island Rd APT 1911, Bluffton, SC, 29910 in Bluffton deserves attention. This $270,000 property earns $2,620/mo in rent, a 11.64% gross yield, and nets $1,012/mo after the $1,214/mo payment. DSCR 2.16 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $74,596 compounds alongside $2,487/yr in yearly equity build, for a total cumulative return of $167,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.2% |
| Monthly Cash Flow | $1,012 | $18,000 |
City averages based on Bluffton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,620 |
| Total Monthly Debt Service | $1,500 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29910, Bluffton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,742 (100%) |
| Owner Occupied HU | 15,303 (67.3%) |
| Renter Occupied HU | 5,110 (22.5%) |
| Vacant Housing Units | 2,329 (10.2%) |
| Median Home Value | $490,010 |
| Average Home Value | $683,012 |
Housing Distribution
Address Breakdown
Residential
22,884
Single Family
19,767
Multi-Family
3,117
Businesses
2,097
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
Condo
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29910, Bluffton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,742 (100%) |
| Owner Occupied HU | 15,303 (67.3%) |
| Renter Occupied HU | 5,110 (22.5%) |
| Vacant Housing Units | 2,329 (10.2%) |
| Median Home Value | $490,010 |
| Average Home Value | $683,012 |
Housing Distribution
Address Breakdown
Residential
22,884
Single Family
19,767
Multi-Family
3,117
Businesses
2,097
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Boecker • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls ID: #192380