448 Minim 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
Rental property for sale in Charleston at 448 Minim St, Charleston, SC, 29414 priced at $589,900 converts $4,123/mo rent into $612/mo cash flow after a $2,887/mo obligation. Total monthly income equals $4,123/mo, and annual cash flow totals $7,340/yr on $194,077 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 8.39% against a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $162,978 by year five. Five-year ROI reaches 123.59% and total cumulative return in cash sums $239,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,123/mo property income covering a $2,887/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,840 sqft 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 • Realty ONE Group Coastal
Mls Name: CTMLS
Mls ID: #26001591