130 River Landing Dr UNIT 3302Daniel IslandSC29492
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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 Daniel Island at 130 River Landing Dr UNIT 3302, Daniel Island, SC, 29492 offers a 7.75% rental yield on a $324,900 purchase with $2,099/mo rent. Total monthly income registers $2,099/mo, and a $1,590/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $637/yr on $107,704 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 106.2% and total cumulative return in cash at $114,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,099/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
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 • ChuckTown Homes Powered by Keller Williams
Mls Name: CTMLS
Mls Provider:
Mls ID: #25030417
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