177 Romney StCharlestonSC29403
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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 177 Romney St, Charleston, SC, 29403 with 5% annual appreciation on a $769,000 basis while $6,208/mo rent supports operations. Total monthly income totals $6,208/mo and a $3,764/mo payment preserves $1,630/mo for cash returns. Annual cash flow comes to $19,562/yr on $253,001 deployed, and return on cash invested reaches 27.79% in year one. Equity gained on principal adds $4,962/yr, and five-year appreciation sums $212,461 alongside rental yield of 9.69%. Five-year ROI measures 144.78% and total cumulative return in cash totals $366,295.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,208/mo property income versus a $3,764/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29403, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 4,024 (25.6%) |
| Renter Occupied HU | 8,465 (53.8%) |
| Vacant Housing Units | 3,249 (20.6%) |
| Median Home Value | $777,820 |
| Average Home Value | $872,206 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
9,788
Multi-Family
3,223
Businesses
1,102
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Listed by: N/A • Ann Edward Real Estate
Mls Name: CTMLS
Mls ID: #25020954