142 Marsh View VillasCharlestonSC29439
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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 142 Marsh View Villas, Charleston, SC, 29439 priced at $420,000 converts $3,865/mo rent into $1,365/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,865/mo, and annual cash flow totals $16,374/yr on $139,230 invested. Return on cash invested prints 31.67% in year one, and rental yield reads 11.04% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 165.6% and total cumulative return in cash sums $230,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,865/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Condo
Built in 1988
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29439, Folly Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 711 (34.7%) |
| Renter Occupied HU | 183 ( 8.9%) |
| Vacant Housing Units | 1,153 (56.3%) |
| Median Home Value | $979,610 |
| Average Home Value | $1,086,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
78
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Listed by: N/A • EXP Realty LLC
Mls Name: CTMLS
Mls ID: #25012990