1716 Wappoo DrCharlestonSC29407
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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 1716 Wappoo Dr, Charleston, SC, 29407 uses $210,231 cash to close to unlock $2,865/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $4,043/mo, and a $3,128/mo payment keeps the spread at $239/mo. Purchase price stands at $639,000, and rental yield measures 7.59% with $4,043/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 110.62% and total cumulative return in cash records $232,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,043/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
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Listed by: N/A • BIG Realty, LLC
Mls Name: CTMLS
Mls ID: #25026365