202 Elliott DrLadsonSC29456
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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 Ladson at 202 Elliott Dr, Ladson, SC, 29456 priced at $259,900 converts $2,206/mo rent into $659/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,206/mo, and annual cash flow totals $7,907/yr on $86,157 invested. Return on cash invested prints 29.09% in year one, and rental yield reads 10.19% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 151.73% and total cumulative return in cash sums $130,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,206/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1344
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29456, Ladson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,007 (100%) |
| Owner Occupied HU | 10,255 (60.3%) |
| Renter Occupied HU | 5,820 (34.2%) |
| Vacant Housing Units | 932 ( 5.5%) |
| Median Home Value | $290,291 |
| Average Home Value | $337,511 |
Housing Distribution
Address Breakdown
Residential
16,665
Single Family
14,710
Multi-Family
1,955
Businesses
800
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #26000712