Hilton Head Island, SC — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.1%

Below average

Monthly Cash Flow

-$3,377

After all expenses

Price-to-Rent

29.2

Overpriced for rent

DSCR

0.18

Fails

📊 Key Metrics

Median Home Price
$768,226
Average Rent (3BR)
$2,195/mo
Price-to-Rent Ratio
29.2(high)
1% Rule
0.29%(fails — need 1%+)
Cash-on-Cash Return
-22.9%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.7000000000000002% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.55%

of assessed value (SC avg)

Median Income

$56,227

household (SC avg)

Rent-to-Income

46.8%

Stretched

Section 8 Max Rent

$2,195/mo

3BR voucher payment

🏛️ SC Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.55% effective

Population Trend

+1.7000000000000002% (3yr)

🏘️ Best Zip Codes in Hilton Head Island for Investors

29928
Cap Rate: 1.1%Cash Flow: -$3,405/mo$776,563
29926
Cap Rate: 1.1%Cash Flow: -$3,350/mo$759,890

All Zip Codes in Hilton Head Island

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
299281.1%-$3,405$776,563$2,230/mo0.18
299261.1%-$3,350$759,890$2,160/mo0.17