186 Dorchester Manor Blvd #A & BNorth CharlestonSC29420
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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 North Charleston at 186 Dorchester Manor Blvd #A & B, North Charleston, SC, 29420 priced at $425,000 converts $1,736/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,736/mo. Return on cash invested prints 13.15% in year one, and rental yield reads 4.9% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 66.3% and total cumulative return in cash sums $93,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,736/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Multi Family
Built in 1984
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
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Listed by: N/A • Maven Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #24030329
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