402 Miami St #ALadsonSC29456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ladson at 402 Miami St #A, Ladson, SC, 29456 generates $1,942/mo in rent and, after a $1,199/mo payment, leaves $484/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $5,805/yr on $81,218 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.51% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 140.85% and total cumulative return in cash sums $114,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Multi Family
Built in 1986
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29456, Ladson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,007 (100%) |
| Owner Occupied HU | 10,255 (60.3%) |
| Renter Occupied HU | 5,820 (34.2%) |
| Vacant Housing Units | 932 ( 5.5%) |
| Median Home Value | $290,291 |
| Average Home Value | $337,511 |
Housing Distribution
Address Breakdown
Residential
16,665
Single Family
14,710
Multi-Family
1,955
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • AgentOwned Realty Co. Premier Group, Inc.
Mls Name: CTMLS
Mls ID: #25025938