7 Shelter Cove Ln APT 7517Hilton Head IslandSC29928
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 Hilton Head Island at 7 Shelter Cove Ln APT 7517, Hilton Head Island, SC, 29928 earns from $4,015/mo rent with a $4,777/mo payment. Total monthly income totals $4,015/mo. ROI tracks 13.35% on current figures, and rental yield reads 4.94% at a $976,000 purchase. Equity gained on principal adds $6,298/yr, and 5% annual appreciation supports $269,651 over five years. Five-year ROI reaches 67.35% and total cumulative return in cash sums $216,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,015/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29928, Hilton Head Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,750 (100%) |
| Owner Occupied HU | 7,186 (38.3%) |
| Renter Occupied HU | 1,395 ( 7.4%) |
| Vacant Housing Units | 10,169 (54.2%) |
| Median Home Value | $839,869 |
| Average Home Value | $990,544 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
10,427
Multi-Family
2,124
Businesses
896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Stubbs • Premier Properties of Hilton Head Island (654)
Mls Name: REsides, Inc.
Mls ID: #501592