60 Honey Locust AveBlufftonSC29910
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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
Investment property for sale in Bluffton at 60 Honey Locust Ave, Bluffton, SC, 29910 offers a 7.51% rental yield on a $489,000 purchase with $3,061/mo rent. Total monthly income registers $3,061/mo, and a $2,393/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,806/yr on $162,104 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 108.51% and total cumulative return in cash at $175,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,061/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5,227 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: Kristen Hunter • Keller Williams (722)
Mls Name: REsides, Inc.
Mls ID: #503061