3 Shelter Cove Ln APT 7445Hilton Head IslandSC29928
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 Hilton Head Island at 3 Shelter Cove Ln APT 7445, Hilton Head Island, SC, 29928 earns $983/mo cash flow from $3,572/mo rent with a $2,129/mo payment. Total monthly income totals $3,572/mo, and annual cash flow totals $11,792/yr on $144,203 capital. ROI tracks 28.09% on current figures, and rental yield reads 9.85% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 146.38% and total cumulative return in cash sums $211,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,572/mo property income instead of your personal income.
Condo
Built in 1983
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Galbreath-Gonzalez • Berkshire Hathaway HomeServices Hilton Head Bluffton Realty (106)
Mls Name: REsides, Inc.
Mls ID: #500961