79 Lighthouse Rd APT 2399Hilton Head IslandSC29928
Nearby investment properties with comparable rents
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 79 Lighthouse Rd APT 2399, Hilton Head Island, SC, 29928 earns $24/mo cash flow from $2,640/mo rent with a $2,151/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $286/yr on $145,694 capital. ROI tracks 20.11% on current figures, and rental yield reads 7.21% at a $439,500 purchase. Equity gained on principal adds $2,836/yr, and 5% annual appreciation supports $121,426 over five years. Five-year ROI reaches 103.57% and total cumulative return in cash sums $150,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Condo
Built in 1979
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Broadhurst Group • EXP Realty LLC (938)
Mls Name: REsides, Inc.
Mls ID: #504145