1906 Norwood StCharlestonSC29405
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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 1906 Norwood St, Charleston, SC, 29405 earns $89/mo cash flow from $2,440/mo rent with a $1,933/mo payment. Total monthly income totals $2,440/mo, and annual cash flow totals $1,068/yr on $130,943 capital. ROI tracks 20.72% on current figures, and rental yield reads 7.41% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 106.89% and total cumulative return in cash sums $139,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,440/mo property income instead of your personal income.
Multi Family
Built in 2004
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29405, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,837 (100%) |
| Owner Occupied HU | 5,520 (39.9%) |
| Renter Occupied HU | 6,429 (46.5%) |
| Vacant Housing Units | 1,888 (13.6%) |
| Median Home Value | $338,105 |
| Average Home Value | $374,748 |
Housing Distribution
Address Breakdown
Residential
11,884
Single Family
11,116
Multi-Family
768
Businesses
1,709
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Listed by: N/A • The Space Co Inc.
Mls Name: CTMLS
Mls ID: #25028798