116 Rowans Creek DrCharlestonSC29492
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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 Charleston at 116 Rowans Creek Dr, Charleston, SC, 29492 at $465,000 posts ROI 31.52% with $1,491/mo cash flow from $4,259/mo rent. Total monthly income equals $4,259/mo, and annual cash flow records $17,891/yr on $154,148 to close. Return on cash invested measures 31.52% and rental yield reads 10.99% at the current $465,000. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 by year five. Five-year ROI prints 164.76% and total cumulative return in cash totals $253,967.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,259/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
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Listed by: N/A • Jacobsen Realty
Mls Name: CTMLS
Mls ID: #25030335