6 Harbor Dr #M-116Saint Helena IslandSC29920
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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 Saint Helena Island at 6 Harbor Dr #M-116, Saint Helena Island, SC, 29920 priced at $435,000 converts $2,747/mo rent into $158/mo cash flow after a $2,129/mo obligation. Total monthly income equals $2,747/mo, and annual cash flow totals $1,892/yr on $144,203 invested. Return on cash invested prints 21.22% in year one, and rental yield reads 7.58% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 109.57% and total cumulative return in cash sums $158,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,747/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Condo
Built in 1985
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: The Love Group • Realty One Group - Lowcountry
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #449648
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. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.