10 Cranberry LnHilton Head IslandSC29926
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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 Hilton Head Island at 10 Cranberry Ln, Hilton Head Island, SC, 29926 generates $4,440/mo in rent and, after a $2,386/mo payment, leaves $1,538/mo in cash flow. Total monthly income is $4,440/mo, and annual cash flow is $18,457/yr on $161,606 invested. Return on cash invested sits at 31.33% in year one, and rental yield is 10.93% on a $487,500 entry. Equity gained on principal adds $3,146/yr, while 5% annual appreciation builds toward $134,687 over five years. Five-year ROI reaches 163.8% and total cumulative return in cash sums $264,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
6,534 sqft 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
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Listed by: The Native Islander Group • Real Life Brokered By EXP Realty LLC (889)
Mls Name: REsides, Inc.
Mls ID: #501616