2345 Tall Sail Dr #112CharlestonSC29414
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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 2345 Tall Sail Dr #112, Charleston, SC, 29414 offers a 10.41% rental yield on a $297,500 purchase with $2,581/mo rent. Total monthly income registers $2,581/mo, and a $1,456/mo payment leaves $399/mo available for distribution. Annual cash flow reaches $4,785/yr on $98,621 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,194 over five years. Portfolio math shows five-year ROI at 130.37% and total cumulative return in cash at $128,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,581/mo property income against a $1,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$315 monthly 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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