2840 Conservancy LnCharlestonSC29414
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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 2840 Conservancy Ln, Charleston, SC, 29414 offers a 7.37% rental yield on a $705,900 purchase with $4,337/mo rent. Total monthly income registers $4,337/mo, and a $3,455/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,619/yr on $232,241 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $4,555/yr while 5% annual appreciation supports $195,027 over five years. Portfolio math shows five-year ROI at 107.04% and total cumulative return in cash at $248,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,337/mo property income against a $3,455/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
6,534 sqft lot
$N/A/sqft
No 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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Listed by: N/A • Seabrook Island Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.