4577 Summey StNorth 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
Rental property for sale in North Charleston at 4577 Summey St, North Charleston, SC, 29405 generates $4,456/mo in rent and, after a $2,594/mo payment, leaves $1,301/mo in cash flow. Total monthly income is $4,456/mo, and annual cash flow is $15,613/yr on $174,370 invested. Return on cash invested sits at 29.01% in year one, and rental yield is 10.09% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 151.34% and total cumulative return in cash sums $263,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,456/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
1,306 sqft 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 • Kay Real Estate Group, LLC
Mls Name: CTMLS
Mls ID: #25028334