6 Cedar Reef Dr UNIT C103Saint Helena IslandSC29920
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 Saint Helena Island at 6 Cedar Reef Dr UNIT C103, Saint Helena Island, SC, 29920 at $294,000 posts ROI 23.02% with $253/mo cash flow from $2,003/mo rent. Total monthly income equals $2,003/mo, and annual cash flow records $3,034/yr on $97,461 to close. Return on cash invested measures 23.02% and rental yield reads 8.18% at the current $294,000. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 by year five. Five-year ROI prints 119.22% and total cumulative return in cash totals $116,196.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,003/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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: Christopher J Edenfield • eXp Realty LLC - Bluffton
Mls Name: Lowcountry Regional MLS
Mls ID: #193177