406 Gravy Train StCharlestonSC29414
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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 406 Gravy Train St, Charleston, SC, 29414 listed at $352,900 pairs $3,101/mo rent with a $1,727/mo payment to leave $1,001/mo cash flow. Total monthly income runs $3,101/mo, and annual cash flow reaches $12,006/yr on $116,986 cash to close. Return on cash invested measures 30.17% in year one, and rental yield registers 10.54% at a $352,900 basis. Equity gained on principal adds $2,277/yr, and annual property appreciation at 5% supports $97,500 by year five. Five-year ROI tracks 157.58% and total cumulative return in cash totals $184,344. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,101/mo property income relative to a $1,727/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25026373