1606 Crossbill TrlHanahanSC29410
Nearby investment properties with comparable rents
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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 Hanahan at 1606 Crossbill Trl, Hanahan, SC, 29410 priced at $550,000 converts $3,371/mo rent into $97/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,371/mo, and annual cash flow totals $1,163/yr on $180,950 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 7.35% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 106.74% and total cumulative return in cash sums $193,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,371/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2011
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29410, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,641 (100%) |
| Owner Occupied HU | 5,453 (63.1%) |
| Renter Occupied HU | 2,761 (32.0%) |
| Vacant Housing Units | 427 ( 4.9%) |
| Median Home Value | $388,588 |
| Average Home Value | $461,432 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,386
Multi-Family
953
Businesses
269
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Listed by: N/A • Brand Name Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #24018590
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