380 Marshland Rd APT C28Hilton Head IslandSC29926
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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 380 Marshland Rd APT C28, Hilton Head Island, SC, 29926 generates $2,892/mo in rent and, after a $2,017/mo payment, leaves $439/mo in cash flow. Total monthly income is $2,892/mo, and annual cash flow is $5,268/yr on $136,578 invested. Return on cash invested sits at 23.77% in year one, and rental yield is 8.42% on a $412,000 entry. Equity gained on principal adds $2,659/yr, while 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash sums $168,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,892/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29926, Hilton Head Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,212 (100%) |
| Owner Occupied HU | 9,335 (70.7%) |
| Renter Occupied HU | 2,189 (16.6%) |
| Vacant Housing Units | 1,688 (12.8%) |
| Median Home Value | $650,107 |
| Average Home Value | $737,702 |
Housing Distribution
Address Breakdown
Residential
13,086
Single Family
11,197
Multi-Family
1,889
Businesses
887
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Listed by: The Prudhomme Team • William Raveis - Carolina LLC
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #448003
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.