3930 Azalea Dr APT DNorth CharlestonSC29405
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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
Rental property for sale in North Charleston at 3930 Azalea Dr APT D, North Charleston, SC, 29405 offers $1,793/mo rent that, after a $725/mo payment, leaves $883/mo cash flow. Total monthly income is $1,793/mo, and annual cash flow is $10,599/yr on $49,128 cash. Return on cash invested measures 41.48% in year one, and rental yield stands at 14.52% at a $148,200 entry. Equity gained on principal adds $956/yr while 5% annual appreciation compounds into $40,945 by year five. Five-year ROI records 218.57% and total cumulative return in cash reaches $107,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,793/mo property income versus a $725/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29405, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,837 (100%) |
| Owner Occupied HU | 5,520 (39.9%) |
| Renter Occupied HU | 6,429 (46.5%) |
| Vacant Housing Units | 1,888 (13.6%) |
| Median Home Value | $338,105 |
| Average Home Value | $374,748 |
Housing Distribution
Address Breakdown
Residential
11,884
Single Family
11,116
Multi-Family
768
Businesses
1,709
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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