407 Andrea LnHanahanSC29410
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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 Hanahan at 407 Andrea Ln, Hanahan, SC, 29410 priced at $186,000 pairs $1,409/mo rent with $302/mo cash flow after a $910/mo payment. Total monthly income equals $1,409/mo, and annual cash flow comes to $3,626/yr on $61,659 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.09% on a $186,000 basis. Equity gained on principal adds $1,200/yr, and 5% annual appreciation accumulates to $51,388 by year five. Five-year ROI measures 134.12% and total cumulative return in cash reaches $82,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,409/mo property income against a $910/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29410, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,641 (100%) |
| Owner Occupied HU | 5,453 (63.1%) |
| Renter Occupied HU | 2,761 (32.0%) |
| Vacant Housing Units | 427 ( 4.9%) |
| Median Home Value | $388,588 |
| Average Home Value | $461,432 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,386
Multi-Family
953
Businesses
269
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Listed by: N/A • AgentOwned Realty
Mls Name: CTMLS
Mls ID: #25031549