862 Bonito RdSaint 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
Rental property for sale in Saint Helena Island at 862 Bonito Rd, Saint Helena Island, SC, 29920 offers $3,180/mo rent that, after a $3,645/mo payment. Total monthly income is $3,180/mo. Return on cash invested measures 13.92% in year one, and rental yield stands at 5.12% at a $744,800 entry. Equity gained on principal adds $4,806/yr while 5% annual appreciation compounds into $205,775 by year five. Five-year ROI records 70.39% and total cumulative return in cash reaches $172,481. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,180/mo property income versus a $3,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
2,613 sqft 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: Charles Bohmert • BHHS Bay Street Realty
Mls Name: Lowcountry Regional MLS
Mls ID: #191764