55 Evening Tide WayBlufftonSC29910
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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 55 Evening Tide Way, Bluffton, SC, 29910 priced at $624,999 converts $4,688/mo rent into $968/mo cash flow after a $3,059/mo obligation. Total monthly income equals $4,688/mo, and annual cash flow totals $11,611/yr on $205,625 invested. Return on cash invested prints 25.71% in year one, and rental yield reads 9% against a $624,999 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 133.6% and total cumulative return in cash sums $274,704. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,688/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 2010
9,147 sqft 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: The Beth Drake Team • Keller Williams Realty
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #448485
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.