43 S Forest Beach Dr APT 111Hilton 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 43 S Forest Beach Dr APT 111, Hilton Head Island, SC, 29928 listed at $489,900 pairs $1,858/mo rent with a $2,398/mo payment. Total monthly income runs $1,858/mo. Return on cash invested measures 12.09% in year one, and rental yield registers 4.55% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 60.59% and total cumulative return in cash totals $98,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,858/mo property income relative to a $2,398/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: James Paris • FATHOM REALTY (817)
Mls Name: REsides, Inc.
Mls ID: #501595