1227 Burke StHanahanSC29410
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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 Hanahan at 1227 Burke St, Hanahan, SC, 29410 with 5% annual appreciation on a $265,000 basis while $2,170/mo rent supports operations. Total monthly income totals $2,170/mo and a $1,297/mo payment preserves $579/mo for cash returns. Annual cash flow comes to $6,951/yr on $87,848 deployed, and return on cash invested reaches 27.82% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.83%. Five-year ROI measures 145.07% and total cumulative return in cash totals $127,443.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,170/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,970 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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