2072 Chilhowee DrJohns IslandSC29455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Johns Island at 2072 Chilhowee Dr, Johns Island, SC, 29455 priced at $464,900 converts $3,353/mo rent into $586/mo cash flow after a $2,275/mo obligation. Total monthly income equals $3,353/mo, and annual cash flow totals $7,032/yr on $154,114 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 8.65% against a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation compiles into $128,443 by year five. Five-year ROI reaches 126.99% and total cumulative return in cash sums $195,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,353/mo property income covering a $2,275/mo payment, not borrower’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Charleston Real Estate Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #24021054
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.