115 Union Cemetery Rd APT 3214Hilton 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
Investment property for sale in Hilton Head Island at 115 Union Cemetery Rd APT 3214, Hilton Head Island, SC, 29926 uses $125,804 cash to close to unlock $10,648/yr annual cash flow and $887/mo monthly cash flow. Total monthly income runs $3,146/mo, and a $1,857/mo payment keeps the spread at $887/mo. Purchase price stands at $379,500, and rental yield measures 9.95% with $3,146/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $104,849 over five years. Five-year ROI reaches 147.93% and total cumulative return in cash records $186,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,146/mo property income covering a $1,857/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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: Brad Hultz • Realty One Group - Lowcountry
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #448531
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.