10 Bear Island RdHilton Head IslandSC29926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hilton Head Island at 10 Bear Island Rd, Hilton Head Island, SC, 29926 priced at $1,475,000 pairs $6,240/mo rent with after a $7,219/mo payment. Total monthly income equals $6,240/mo. Return on cash invested is 13.99% in year one, and rental yield stands at 5.08% on a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and 5% annual appreciation accumulates to $407,515 by year five. Five-year ROI measures 70.69% and total cumulative return in cash reaches $337,822. For financing, Ziffy Mortgage’s DSCR program evaluates $6,240/mo property income against a $7,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29926, Hilton Head Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 9,335 (70.7%) |
| Renter Occupied HU | 2,189 (16.6%) |
| Vacant Housing Units | 1,688 (12.8%) |
| Median Home Value | $650,107 |
| Average Home Value | $737,702 |
Housing Distribution
Address Breakdown
Residential
13,086
Single Family
11,197
Multi-Family
1,889
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Reece • Keller Williams Realty (322)
Mls Name: REsides, Inc.
Mls ID: #503511