2447 Woodstock AveNorth CharlestonSC29406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2447 Woodstock Ave, North Charleston, SC, 29406 uses $62,985 cash to close to unlock $3,923/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $930/mo payment keeps the spread at $327/mo. Purchase price stands at $190,000, and rental yield measures 9.21% with $1,458/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 135.94% and total cumulative return in cash records $85,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $930/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29406, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 5,639 (36.9%) |
| Renter Occupied HU | 8,476 (55.5%) |
| Vacant Housing Units | 1,154 ( 7.6%) |
| Median Home Value | $228,666 |
| Average Home Value | $311,248 |
Housing Distribution
Address Breakdown
Residential
14,352
Single Family
11,504
Multi-Family
2,848
Businesses
1,666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • SCSold LLC
Mls Name: CTMLS
Mls ID: #26001196