218 Port Tack DrCharlestonSC29492
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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 218 Port Tack Dr, Charleston, SC, 29492 listed at $839,000 pairs $5,951/mo rent with a $4,106/mo payment to leave $957/mo cash flow. Total monthly income runs $5,951/mo, and annual cash flow reaches $11,485/yr on $276,031 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 8.51% at a $839,000 basis. Equity gained on principal adds $5,414/yr, and annual property appreciation at 5% supports $231,800 by year five. Five-year ROI tracks 125.63% and total cumulative return in cash totals $346,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,951/mo property income relative to a $4,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
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Listed by: N/A • 32 South Properties, LLC
Mls Name: CTMLS
Mls ID: #25024356