462 Creek Landing StCharlestonSC29492
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Charleston at 462 Creek Landing St, Charleston, SC, 29492 projects strong ROI of 2.94%. Rental yield 1.58%. With 5% annual appreciation, the property builds $1,560,991 in value over five years. Equity growth combined delivers a projected five-year ROI of 28.16%, translating into $449,428 in total cumulative return on $1,596,125 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 5.2% |
| Monthly Cash Flow | $(26,217) | $1,850 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,416 |
| Total Monthly Debt Service | $31,386 |
| DSCR Ratio | 0.24x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
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
Single Family
Built in 2018
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Front Door Realty
Mls Name: CTMLS
Mls ID: #25026432