240 Newtown Creek DrCharlestonSC29412
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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 Charleston at 240 Newtown Creek Dr, Charleston, SC, 29412 priced at $658,118 pairs $3,330/mo rent with after a $3,221/mo payment. Total monthly income equals $3,330/mo. Return on cash invested is 16.8% in year one, and rental yield stands at 6.07% on a $658,118 basis. Equity gained on principal adds $4,247/yr, and 5% annual appreciation accumulates to $181,826 by year five. Five-year ROI measures 85.85% and total cumulative return in cash reaches $185,886. For financing, Ziffy Mortgage’s DSCR program evaluates $3,330/mo property income against a $3,221/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2026
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29412, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 13,529 (66.7%) |
| Renter Occupied HU | 5,060 (25.0%) |
| Vacant Housing Units | 1,683 ( 8.3%) |
| Median Home Value | $570,652 |
| Average Home Value | $690,064 |
Housing Distribution
Address Breakdown
Residential
19,302
Single Family
16,721
Multi-Family
2,581
Businesses
725
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Listed by: N/A • Weekley Homes L P
Mls Name: CTMLS
Mls ID: #26000243