77 Ocean Ln APT 212Hilton 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 77 Ocean Ln APT 212, Hilton Head Island, SC, 29928 listed at $1,225,000 pairs $4,080/mo rent with a $5,996/mo payment. Total monthly income runs $4,080/mo. Return on cash invested measures 10.66% in year one, and rental yield registers 4% at a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and annual property appreciation at 5% supports $338,445 by year five. Five-year ROI tracks 52.82% and total cumulative return in cash totals $209,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $5,996/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
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: William Anderson • Daniel Ravenel Sotheby's International Realty (358)
Mls Name: REsides, Inc.
Mls ID: #502988