199 Fishburne 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
Rental property for sale in Charleston at 199 Fishburne St, Charleston, SC, 29403 offers $5,747/mo rent that, after a $4,596/mo payment, leaves $157/mo cash flow. Total monthly income is $5,747/mo, and annual cash flow is $1,887/yr on $308,931 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 7.34% at a $939,000 entry. Equity gained on principal adds $6,059/yr while 5% annual appreciation compounds into $259,428 by year five. Five-year ROI records 106.59% and total cumulative return in cash reaches $329,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,747/mo property income versus a $4,596/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
1,742 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 • Smith Spencer Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25026914
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.