897 Fording Island Rd APT 2002BlufftonSC29910
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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 Bluffton at 897 Fording Island Rd APT 2002, Bluffton, SC, 29910 earns $990/mo cash flow from $2,119/mo rent with a $928/mo payment. Total monthly income totals $2,119/mo, and annual cash flow totals $11,885/yr on $62,819 capital. ROI tracks 38.83% on current figures, and rental yield reads 13.42% at a $189,500 purchase. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 over five years. Five-year ROI reaches 204.03% and total cumulative return in cash sums $128,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,119/mo property income instead of your personal income.
Condo
Built in 1997
N/A 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
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Listed by: Pam Gouty • 25 Westbury Realty (838)
Mls Name: REsides, Inc.
Mls ID: #500224