123 Sandcastle CtHilton Head IslandSC29928
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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 123 Sandcastle Ct, Hilton Head Island, SC, 29928 generates $6,151/mo in rent, after a $9,055/mo payment. Total monthly income is $6,151/mo. Return on cash invested sits at 10.64% in year one, and rental yield is 3.99% on a $1,850,000 entry. Equity gained on principal adds $11,938/yr, while 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 52.7% and total cumulative return in cash sums $315,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,151/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29928, Hilton Head Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,750 (100%) |
| Owner Occupied HU | 7,186 (38.3%) |
| Renter Occupied HU | 1,395 ( 7.4%) |
| Vacant Housing Units | 10,169 (54.2%) |
| Median Home Value | $839,869 |
| Average Home Value | $990,544 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
10,427
Multi-Family
2,124
Businesses
896
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Listed by: Jennifer Boecker • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls ID: #190908