172 Droos 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
Rental property for sale in Charleston at 172 Droos Way, Charleston, SC, 29414 offers $3,120/mo rent that, after a $1,921/mo payment, leaves $784/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $9,403/yr on $130,114 cash. Return on cash invested measures 27.14% in year one, and rental yield stands at 9.54% at a $392,500 entry. Equity gained on principal adds $2,533/yr while 5% annual appreciation compounds into $108,441 by year five. Five-year ROI records 141.28% and total cumulative return in cash reaches $183,829. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $1,921/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
N/A 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 • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25022223