1934 Iron StCharlestonSC29406
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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 1934 Iron St, Charleston, SC, 29406 earns $243/mo cash flow from $957/mo rent with a $587/mo payment. Total monthly income totals $957/mo, and annual cash flow totals $2,916/yr on $39,780 capital. ROI tracks 27.24% on current figures, and rental yield reads 9.57% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 141.8% and total cumulative return in cash sums $56,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $957/mo property income instead of your personal income.
Manufactured
Built in 1994
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29406, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 5,639 (36.9%) |
| Renter Occupied HU | 8,476 (55.5%) |
| Vacant Housing Units | 1,154 ( 7.6%) |
| Median Home Value | $228,666 |
| Average Home Value | $311,248 |
Housing Distribution
Address Breakdown
Residential
14,352
Single Family
11,504
Multi-Family
2,848
Businesses
1,666
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Listed by: N/A • Keller Williams Realty Charleston
Mls Name: CTMLS
Mls ID: #25024346