2012 Forest AveCharlestonSC29405
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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 2012 Forest Ave, Charleston, SC, 29405 at $439,000 posts ROI 29% with $1,102/mo cash flow from $3,716/mo rent. Total monthly income equals $3,716/mo, and annual cash flow records $13,229/yr on $145,529 to close. Return on cash invested measures 29% and rental yield reads 10.16% at the current $439,000. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 by year five. Five-year ROI prints 151.29% and total cumulative return in cash totals $220,172.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,716/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
2,613 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 • Carolina Elite Real Estate
Mls Name: CTMLS
Mls ID: #25026405