45 Folly Field Rd APT 13EHilton 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
Rental property for sale in Hilton Head Island at 45 Folly Field Rd APT 13E, Hilton Head Island, SC, 29928 priced at $325,000 pairs $2,248/mo rent with $313/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,248/mo, and annual cash flow comes to $3,757/yr on $107,738 invested. Return on cash invested is 23.4% in year one, and rental yield stands at 8.3% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 121.27% and total cumulative return in cash reaches $130,657. For financing, Ziffy Mortgage’s DSCR program evaluates $2,248/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
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: Aaron Fisher • Maxey Blackstream Christie's International Real Estate (898)
Mls Name: REsides, Inc.
Mls ID: #504031