1187 Marquis RdNorth CharlestonSC29405
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
Rental property for sale in North Charleston at 1187 Marquis Rd, North Charleston, SC, 29405 generates $4,241/mo in rent, after a $4,234/mo payment. Total monthly income is $4,241/mo. Return on cash invested sits at 16.23% in year one, and rental yield is 5.88% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 82.77% and total cumulative return in cash sums $235,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29405, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,837 (100%) |
| Owner Occupied HU | 5,520 (39.9%) |
| Renter Occupied HU | 6,429 (46.5%) |
| Vacant Housing Units | 1,888 (13.6%) |
| Median Home Value | $338,105 |
| Average Home Value | $374,748 |
Housing Distribution
Address Breakdown
Residential
11,884
Single Family
11,116
Multi-Family
768
Businesses
1,709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25031335