Meridian Plan, Kiawah RiverJohns IslandSC29455
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 Johns Island at Meridian Plan, Kiawah River, Johns Island, SC, 29455 priced at $1,770,000 converts $3,120/mo rent into after a $8,663/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 4.85% in year one, and rental yield reads 2.12% against a $1,770,000 entry. Equity gained on principal adds $11,422/yr, while 5% annual appreciation compiles into $489,018 by year five. Five-year ROI reaches 21.68% and total cumulative return in cash sums $124,308. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $8,663/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
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Listed by: N/A • Kiawah River Development
Mls Name: Kiawah River Development
Mls Provider:
Mls ID: #N/A