33 Lockwood Dr #E12CharlestonSC29401
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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 33 Lockwood Dr #E12, Charleston, SC, 29401 listed at $129,000 pairs $973/mo rent with a $631/mo payment to leave $205/mo cash flow. Total monthly income runs $973/mo, and annual cash flow reaches $2,466/yr on $42,764 cash to close. Return on cash invested measures 25.68% in year one, and rental yield registers 9.05% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 133.52% and total cumulative return in cash totals $57,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $973/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29401, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,495 (100%) |
| Owner Occupied HU | 2,606 (40.1%) |
| Renter Occupied HU | 2,405 (37.0%) |
| Vacant Housing Units | 1,484 (22.8%) |
| Median Home Value | $1,387,145 |
| Average Home Value | $1,475,668 |
Housing Distribution
Address Breakdown
Residential
5,557
Single Family
4,068
Multi-Family
1,489
Businesses
1,320
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Listed by: N/A • BHHS Carolina Sun Real Estate
Mls Name: CTMLS
Mls ID: #25027752