135 Larissa DrCharlestonSC29414
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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 Charleston at 135 Larissa Dr, Charleston, SC, 29414 priced at $460,000 pairs $3,109/mo rent with $371/mo cash flow after a $2,251/mo payment. Total monthly income equals $3,109/mo, and annual cash flow comes to $4,454/yr on $152,490 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.11% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 118.21% and total cumulative return in cash reaches $180,265. For financing, Ziffy Mortgage’s DSCR program evaluates $3,109/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2012
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #26000203