188 Beach Club BlvdSaint 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
Rental property for sale in Saint Helena Island at 188 Beach Club Blvd, Saint Helena Island, SC, 29920 priced at $339,000 converts $3,180/mo rent into $1,162/mo cash flow after a $1,659/mo obligation. Total monthly income equals $3,180/mo, and annual cash flow totals $13,947/yr on $112,379 invested. Return on cash invested prints 32.32% in year one, and rental yield reads 11.26% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 169.1% and total cumulative return in cash sums $190,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A 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
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Listed by: Victor Schwarzer • Fripp Island Real Estate Co
Mls Name: Lowcountry Regional MLS
Mls ID: #191712