1209 River Rock RdHanahanSC29410
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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 Hanahan at 1209 River Rock Rd, Hanahan, SC, 29410 generates $1,972/mo in rent and, after a $1,493/mo payment, leaves $90/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $1,078/yr on $101,108 invested. Return on cash invested sits at 20.98% in year one, and rental yield is 7.76% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 108.52% and total cumulative return in cash sums $109,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Multi Family
Built in 2006
4,356 sqft 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
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010162
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.