119-B Cedar Grove DrNorth CharlestonSC29420
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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
Investment property for sale in North Charleston at 119-B Cedar Grove Dr, North Charleston, SC, 29420 with 5% annual appreciation on a $375,000 basis while $1,838/mo rent supports operations. 11% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 5.88%. Five-year ROI measures 82.17% and total cumulative return in cash totals $102,147. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,838/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25028924