217 Bay Point RdSaint Helena IslandSC29920
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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 217 Bay Point Rd, Saint Helena Island, SC, 29920 offers $2,318/mo rent that, after a $1,366/mo payment, leaves $657/mo cash flow. Total monthly income is $2,318/mo, and annual cash flow is $7,881/yr on $92,489 cash. Return on cash invested measures 28.43% in year one, and rental yield stands at 9.97% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 148.23% and total cumulative return in cash reaches $137,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,318/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1985
0.28 Acres 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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Nearby investment properties with comparable prices
Listed by: Jim Gainey • United Country J Romero Group
Mls Name: Lowcountry Regional MLS
Mls ID: #190717