260 Newsday StCharlestonSC29492
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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
Rental property for sale in Charleston at 260 Newsday St, Charleston, SC, 29492 priced at $936,245 converts $6,898/mo rent into $1,325/mo cash flow after a $4,582/mo obligation. Total monthly income equals $6,898/mo, and annual cash flow totals $15,902/yr on $308,025 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 8.84% against a $936,245 entry. Equity gained on principal adds $6,041/yr, while 5% annual appreciation compiles into $258,667 by year five. Five-year ROI reaches 131% and total cumulative return in cash sums $403,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,898/mo property income covering a $4,582/mo payment, not borrower’s personal income.
Single Family
Built in 2026
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
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Listed by: N/A • Toll Brothers Real Estate, Inc
Mls Name: CTMLS
Mls ID: #25020707