2313 Kent 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
Investment property for sale in North Charleston at 2313 Kent Ave, North Charleston, SC, 29405 uses $74,554 cash to close to unlock $8,508/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,087/mo, and a $1,101/mo payment keeps the spread at $709/mo. Purchase price stands at $224,900, and rental yield measures 11.14% with $2,087/mo rent. Return on cash invested shows 31.32% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 163.95% and total cumulative return in cash records $122,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,087/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1944
5,662 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 • Brand Name Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25009793
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.