2244 Ashley Crossing Dr UNIT 525CharlestonSC29414
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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 2244 Ashley Crossing Dr UNIT 525, Charleston, SC, 29414 earns $405/mo cash flow from $2,369/mo rent with a $1,615/mo payment. Total monthly income totals $2,369/mo, and annual cash flow totals $4,857/yr on $109,395 capital. ROI tracks 24.35% on current figures, and rental yield reads 8.61% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 126.34% and total cumulative return in cash sums $138,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,369/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #26001242