142 Wando Reach RdCharlestonSC29492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wando Reach Rd, Charleston, SC, 29492 priced at $979,990 pairs $6,698/mo rent with $864/mo cash flow after a $4,797/mo payment. Total monthly income equals $6,698/mo, and annual cash flow comes to $10,366/yr on $322,417 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 8.2% on a $979,990 basis. Equity gained on principal adds $6,324/yr, and 5% annual appreciation accumulates to $270,753 by year five. Five-year ROI measures 120.54% and total cumulative return in cash reaches $388,641. For financing, Ziffy Mortgage’s DSCR program evaluates $6,698/mo property income against a $4,797/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Weekley Homes L P
Mls Name: CTMLS
Mls ID: #25022356