2129 Victory AveNorth CharlestonSC29405
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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 North Charleston at 2129 Victory Ave, North Charleston, SC, 29405 generates $2,626/mo in rent and, after a $1,541/mo payment, leaves $543/mo in cash flow. Total monthly income is $2,626/mo, and annual cash flow is $6,520/yr on $104,389 invested. Return on cash invested sits at 26.16% in year one, and rental yield is 10.01% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 136.91% and total cumulative return in cash sums $142,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,626/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,098 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 • Kingship Collective, LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25021161
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.