90 2nd StFolly BeachSC29439
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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 Folly Beach at 90 2nd St, Folly Beach, SC, 29439 earns $441/mo cash flow from $5,963/mo rent with a $4,540/mo payment. Total monthly income totals $5,963/mo, and annual cash flow totals $5,297/yr on $305,148 capital. ROI tracks 21.8% on current figures, and rental yield reads 7.71% at a $927,500 purchase. Equity gained on principal adds $5,985/yr, and 5% annual appreciation supports $256,251 over five years. Five-year ROI reaches 112.62% and total cumulative return in cash sums $343,661. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,963/mo property income instead of your personal income.
Townhouse
Built in 2005
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • Carolina One Real Estate Folly Beach
Mls Name: CTMLS
Mls ID: #25022944