1121 Inverness LnHanahanSC29410
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 Hanahan at 1121 Inverness Ln, Hanahan, SC, 29410 listed at $421,500 pairs $3,205/mo rent with a $2,063/mo payment to leave $696/mo cash flow. Total monthly income runs $3,205/mo, and annual cash flow reaches $8,351/yr on $139,727 cash to close. Return on cash invested measures 25.89% in year one, and rental yield registers 9.12% at a $421,500 basis. Equity gained on principal adds $2,720/yr, and annual property appreciation at 5% supports $116,453 by year five. Five-year ROI tracks 134.57% and total cumulative return in cash totals $188,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,205/mo property income relative to a $2,063/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29410, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,641 (100%) |
| Owner Occupied HU | 5,453 (63.1%) |
| Renter Occupied HU | 2,761 (32.0%) |
| Vacant Housing Units | 427 ( 4.9%) |
| Median Home Value | $388,588 |
| Average Home Value | $461,432 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,386
Multi-Family
953
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25008770
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.