130 River Landing Dr UNIT 7200Daniel 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 7200, Daniel Island, SC, 29492 uses $154,976 cash to close to unlock $1,599/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $2,916/mo, and a $2,288/mo payment keeps the spread at $133/mo. Purchase price stands at $467,500, and rental yield measures 7.48% with $2,916/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $129,162 over five years. Five-year ROI reaches 108.08% and total cumulative return in cash records $167,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,916/mo property income covering a $2,288/mo payment rather than investor’s personal income.
Condo
Built in 2000
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 • 32 South Properties, LLC
Mls Name: CTMLS
Mls ID: #25024292