1363 S Edgewater DrCharlestonSC29407
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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 Charleston at 1363 S Edgewater Dr, Charleston, SC, 29407 earns from $3,859/mo rent with a $6,852/mo payment. Total monthly income totals $3,859/mo. ROI tracks 8.53% on current figures, and rental yield reads 3.31% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 41.42% and total cumulative return in cash sums $187,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,859/mo property income instead of your personal income.
Single Family
Built in 1962
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
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Listed by: N/A • AgentOwned Realty Preferred Group
Mls Name: CTMLS
Mls ID: #26001633