3 Cedar Reef Dr UNIT E108Saint Helena IslandSC29920
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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 Saint Helena Island at 3 Cedar Reef Dr UNIT E108, Saint Helena Island, SC, 29920 with 5% annual appreciation on a $294,000 basis while $1,966/mo rent supports operations. Total monthly income totals $1,966/mo and a $1,439/mo payment preserves $216/mo for cash returns. Annual cash flow comes to $2,590/yr on $97,461 deployed, and return on cash invested reaches 22.57% in year one. Equity gained on principal adds $1,897/yr, and five-year appreciation sums $81,227 alongside rental yield of 8.02%. Five-year ROI measures 116.79% and total cumulative return in cash totals $113,820.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,966/mo property income versus a $1,439/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1980
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: Sue Mary LeFavi • eXp Realty LLC - Bluffton
Mls Name: Lowcountry Regional MLS
Mls ID: #190351