2705 Waker StCharlestonSC29492
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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 2705 Waker St, Charleston, SC, 29492 generates $6,188/mo in rent, after a $6,901/mo payment. Total monthly income is $6,188/mo. Return on cash invested sits at 14.58% in year one, and rental yield is 5.27% on a $1,410,000 entry. Equity gained on principal adds $9,099/yr, while 5% annual appreciation builds toward $389,557 over five years. Five-year ROI reaches 73.84% and total cumulative return in cash sums $337,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,188/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,840 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 • The Boulevard Company
Mls Name: CTMLS
Mls ID: #26000762