3930 Azalea Dr APT XNorth 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
Investment property for sale in North Charleston at 3930 Azalea Dr APT X, North Charleston, SC, 29405 uses $51,383 cash to close to unlock $3,444/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,210/mo, and a $759/mo payment keeps the spread at $287/mo. Purchase price stands at $155,000, and rental yield measures 9.37% with $1,210/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 138.47% and total cumulative return in cash records $71,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,210/mo property income covering a $759/mo payment rather than investor’s personal income.
Condo
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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Listed by: N/A • The Space Co Inc.
Mls Name: CTMLS
Mls ID: #25023903