117 Locust Fence RdSaint Helena IslandSC29920
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
Investment property for sale in Saint Helena Island at 117 Locust Fence Rd, Saint Helena Island, SC, 29920 uses $180,621 cash to close to unlock $2,784/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $3,500/mo, and a $2,687/mo payment keeps the spread at $232/mo. Purchase price stands at $549,000, and rental yield measures 7.65% with $3,500/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 111.56% and total cumulative return in cash records $201,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29920, Saint Helena Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,414 (100%) |
| Owner Occupied HU | 4,090 (55.2%) |
| Renter Occupied HU | 504 ( 6.8%) |
| Vacant Housing Units | 2,820 (38.0%) |
| Median Home Value | $372,123 |
| Average Home Value | $477,945 |
Housing Distribution
Address Breakdown
Residential
6,055
Single Family
5,939
Multi-Family
116
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles G Newton • BHHS Bay Street Realty
Mls Name: Lowcountry Regional MLS
Mls ID: #192267