36 Forest Cv #36Hilton 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 36 Forest Cv #36, Hilton Head Island, SC, 29928 earns $179/mo cash flow from $1,637/mo rent with a $1,199/mo payment. Total monthly income totals $1,637/mo, and annual cash flow totals $2,145/yr on $81,218 capital. ROI tracks 22.55% on current figures, and rental yield reads 8.02% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 116.69% and total cumulative return in cash sums $94,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,637/mo property income instead of your personal income.
Condo
Built in 1988
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: Coastal Shores Group • RE/MAX Island Realty (521)
Mls Name: REsides, Inc.
Mls ID: #503449