1385 Secessionville RdCharlestonSC29412
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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 1385 Secessionville Rd, Charleston, SC, 29412 earns $1,118/mo cash flow from $3,648/mo rent with a $2,080/mo payment. Total monthly income totals $3,648/mo, and annual cash flow totals $13,419/yr on $140,888 capital. ROI tracks 29.43% on current figures, and rental yield reads 10.3% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 153.63% and total cumulative return in cash sums $216,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,648/mo property income instead of your personal income.
Single Family
Built in 1973
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29412, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 13,529 (66.7%) |
| Renter Occupied HU | 5,060 (25.0%) |
| Vacant Housing Units | 1,683 ( 8.3%) |
| Median Home Value | $570,652 |
| Average Home Value | $690,064 |
Housing Distribution
Address Breakdown
Residential
19,302
Single Family
16,721
Multi-Family
2,581
Businesses
725
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Listed by: N/A • Real Broker, LLC
Mls Name: CTMLS
Mls ID: #26000169