1522 Charming Nancy 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 1522 Charming Nancy Rd, Charleston, SC, 29412 offers a 7.46% rental yield on a $1,085,000 purchase with $6,744/mo rent. Total monthly income registers $6,744/mo, and a $5,311/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,417/yr on $351,540 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $7,001/yr while 5% annual appreciation supports $299,766 over five years. Portfolio math shows five-year ROI at 110.11% and total cumulative return in cash at $387,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,744/mo property income against a $5,311/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
9,147 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 • Daniel Ravenel Sotheby's International Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #25027286
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.