344 Lantana DrCharlestonSC29407
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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 344 Lantana Dr, Charleston, SC, 29407 with 5% annual appreciation on a $499,999 basis while $4,039/mo rent supports operations. Total monthly income totals $4,039/mo and a $2,447/mo payment preserves $1,063/mo for cash returns. Annual cash flow comes to $12,754/yr on $165,750 deployed, and return on cash invested reaches 27.6% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 9.69%. Five-year ROI measures 143.79% and total cumulative return in cash totals $238,327.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,039/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1863
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
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Listed by: N/A • NV Realty Group
Mls Name: CTMLS
Mls ID: #25026236