642 S Reeve RdSt Helena IsSC29920
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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 St Helena Is at 642 S Reeve Rd, St Helena Is, SC, 29920 with 5% annual appreciation on a $350,000 basis while $2,994/mo rent supports operations. Total monthly income totals $2,994/mo and a $1,713/mo payment preserves $608/mo for cash returns. Annual cash flow comes to $7,290/yr on $116,025 deployed, and return on cash invested reaches 26.19% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 10.27%. Five-year ROI measures 137.38% and total cumulative return in cash totals $159,398.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,994/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A lot
$N/A/sqft
$3,637 annually 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: Trudy Arthur • Lowcountry Real Estate
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #186649
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.