9 Genoa CtHilton 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
Rental property for sale in Hilton Head Island at 9 Genoa Ct, Hilton Head Island, SC, 29928 generates $5,321/mo in rent, after a $8,321/mo payment. Total monthly income is $5,321/mo. Return on cash invested sits at 9.91% in year one, and rental yield is 3.76% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 48.82% and total cumulative return in cash sums $268,927. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,321/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
2,178 sqft 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: Lynne Anderson Luxury Team • Berkshire Hathaway HomeServices Hilton Head Bluffton Realty (106)
Mls Name: REsides, Inc.
Mls ID: #453123