9 Back CtIsle Of PalmsSC29451
Nearby investment properties with comparable rents
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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 Isle Of Palms at 9 Back Ct, Isle Of Palms, SC, 29451 offers $6,264/mo rent that, after a $6,847/mo payment. Total monthly income is $6,264/mo. Return on cash invested measures 14.91% in year one, and rental yield stands at 5.37% at a $1,399,000 entry. Equity gained on principal adds $9,028/yr while 5% annual appreciation compounds into $386,518 by year five. Five-year ROI records 75.6% and total cumulative return in cash reaches $342,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,264/mo property income versus a $6,847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29451, Isle Of Palms, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 1,896 (40.2%) |
| Renter Occupied HU | 161 ( 3.4%) |
| Vacant Housing Units | 2,659 (56.4%) |
| Median Home Value | $1,214,612 |
| Average Home Value | $1,338,743 |
Housing Distribution
Address Breakdown
Residential
3,060
Single Family
2,881
Multi-Family
179
Businesses
251
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Listed by: N/A • Ron Davis Realtors
Mls Name: CTMLS
Mls ID: #25019737