1372 Palm Cove DrCharlestonSC29492
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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 1372 Palm Cove Dr, Charleston, SC, 29492 earns $194/mo cash flow from $3,036/mo rent with a $2,337/mo payment. Total monthly income totals $3,036/mo, and annual cash flow totals $2,324/yr on $158,291 capital. ROI tracks 21.38% on current figures, and rental yield reads 7.63% at a $477,500 purchase. Equity gained on principal adds $3,081/yr, and 5% annual appreciation supports $131,924 over five years. Five-year ROI reaches 110.4% and total cumulative return in cash sums $174,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,036/mo property income instead of your personal income.
Single Family
Built in 2005
8,712 sqft 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 • Mickey D Durham Realty
Mls Name: CTMLS
Mls ID: #26001419