1621 Folly Creek Way #D-8CharlestonSC29412
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
Investment property for sale in Charleston at 1621 Folly Creek Way #D-8, Charleston, SC, 29412 listed at $920,000 pairs $3,330/mo rent with a $4,503/mo payment. Total monthly income runs $3,330/mo. Return on cash invested measures 11.55% in year one, and rental yield registers 4.34% at a $920,000 basis. Equity gained on principal adds $5,937/yr, and annual property appreciation at 5% supports $254,179 by year five. Five-year ROI tracks 57.67% and total cumulative return in cash totals $174,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,330/mo property income relative to a $4,503/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls Provider:
Mls ID: #25028018
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.