40 Folly Field Rd APT E18Hilton 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 APT E18, Hilton Head Island, SC, 29928 listed at $329,900 pairs $2,359/mo rent with a $1,615/mo payment to leave $395/mo cash flow. Total monthly income runs $2,359/mo, and annual cash flow reaches $4,738/yr on $109,362 cash to close. Return on cash invested measures 24.24% in year one, and rental yield registers 8.58% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 125.76% and total cumulative return in cash totals $137,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,359/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
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: Charles Sampson Group • Charter One Realty (063D)
Mls Name: REsides, Inc.
Mls ID: #501898