1607 Indaba WayCharlestonSC29414
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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 1607 Indaba Way, Charleston, SC, 29414 earns $197/mo cash flow from $2,994/mo rent with a $2,300/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $2,359/yr on $155,805 capital. ROI tracks 21.42% on current figures, and rental yield reads 7.64% at a $470,000 purchase. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 over five years. Five-year ROI reaches 110.66% and total cumulative return in cash sums $172,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Townhouse
Built in 2007
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • The American Realty
Mls Name: CTMLS
Mls ID: #25030667