40 Folly Field Rd #248CHilton Head IslandSC29928
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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 40 Folly Field Rd #248C, Hilton Head Island, SC, 29928 earns $628/mo cash flow from $2,418/mo rent with a $1,417/mo payment. Total monthly income totals $2,418/mo, and annual cash flow totals $7,539/yr on $95,969 capital. ROI tracks 27.76% on current figures, and rental yield reads 10.02% at a $289,500 purchase. Equity gained on principal adds $1,868/yr, and 5% annual appreciation supports $79,984 over five years. Five-year ROI reaches 145% and total cumulative return in cash sums $139,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,418/mo property income instead of your personal income.
Condo
Built in 1981
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
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Listed by: Joel Androna • Real Broker LLC
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #188632
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.