103 Toura LnCharlestonSC29414
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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 Charleston at 103 Toura Ln, Charleston, SC, 29414 priced at $425,000 converts $3,682/mo rent into $1,152/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,682/mo, and annual cash flow totals $13,827/yr on $140,888 invested. Return on cash invested prints 29.72% in year one, and rental yield reads 10.4% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 155.17% and total cumulative return in cash sums $218,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,682/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25017697
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.