2939 Cathedral 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 2939 Cathedral Ln, Charleston, SC, 29414 earns $409/mo cash flow from $2,314/mo rent with a $1,566/mo payment. Total monthly income totals $2,314/mo, and annual cash flow totals $4,912/yr on $106,080 capital. ROI tracks 24.54% on current figures, and rental yield reads 8.68% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 127.39% and total cumulative return in cash sums $135,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,314/mo property income instead of your personal income.
Townhouse
Built in 1976
1,306 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 • Century 21 Properties Plus
Mls Name: CTMLS
Mls ID: #25021709