5 Promenade St #1322BlufftonSC29910
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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 Bluffton at 5 Promenade St #1322, Bluffton, SC, 29910 generates $3,276/mo in rent, after a $3,891/mo payment. Total monthly income is $3,276/mo. Return on cash invested sits at 13.38% in year one, and rental yield is 4.94% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 67.47% and total cumulative return in cash sums $176,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,276/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29910, Bluffton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,742 (100%) |
| Owner Occupied HU | 15,303 (67.3%) |
| Renter Occupied HU | 5,110 (22.5%) |
| Vacant Housing Units | 2,329 (10.2%) |
| Median Home Value | $490,010 |
| Average Home Value | $683,012 |
Housing Distribution
Address Breakdown
Residential
22,884
Single Family
19,767
Multi-Family
3,117
Businesses
2,097
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Listed by: Nickey Maxey • Maxey Blackstream Christie's International Real Estate (898)
Mls Name: REsides, Inc.
Mls ID: #503538