3251 Starlett AveNorth CharlestonSC29420
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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 North Charleston at 3251 Starlett Ave, North Charleston, SC, 29420 uses $86,190 cash to close to unlock $7,834/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $2,201/mo, and a $1,273/mo payment keeps the spread at $653/mo. Purchase price stands at $260,000, and rental yield measures 10.16% with $2,201/mo rent. Return on cash invested shows 29% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 151.28% and total cumulative return in cash records $130,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,201/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25020964