Preakness II Plan, Pamlico TerraceAwendawSC29429
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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 Awendaw at Preakness II Plan, Pamlico Terrace, Awendaw, SC, 29429 offers a 11.27% rental yield on a $619,990 purchase with $5,824/mo rent. Total monthly income registers $5,824/mo, and a $3,035/mo payment leaves $2,133/mo available for distribution. Annual cash flow reaches $25,594/yr on $203,977 to close, and return on cash invested stands at 32.61% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,292 over five years. Portfolio math shows five-year ROI at 170.59% and total cumulative return in cash at $347,964. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,824/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29429, Awendaw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,268 (81.9%) |
| Renter Occupied HU | 126 ( 8.1%) |
| Vacant Housing Units | 154 ( 9.9%) |
| Median Home Value | $711,538 |
| Average Home Value | $801,636 |
Housing Distribution
Address Breakdown
Residential
1,854
Single Family
1,854
Multi-Family
0
Businesses
89
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Listed by: Randy Floyd • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A