45 Folly Field Rd APT 2GHilton Head IslandSC29928
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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 45 Folly Field Rd APT 2G, Hilton Head Island, SC, 29928 at $299,000 posts ROI 24.15% with $351/mo cash flow from $2,130/mo rent. Total monthly income equals $2,130/mo, and annual cash flow records $4,207/yr on $99,119 to close. Return on cash invested measures 24.15% and rental yield reads 8.55% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 125.31% and total cumulative return in cash totals $124,210.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,130/mo property income rather than your personal income records (W2s, Paystubs, and 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: Wilson / Porter • Charter One Realty
Mls Name: REsides, Inc.
Mls ID: #451583