507 Stinson Dr UNIT D8CharlestonSC29407
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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 507 Stinson Dr UNIT D8, Charleston, SC, 29407 earns $433/mo cash flow from $2,612/mo rent with a $1,463/mo payment. Total monthly income totals $2,612/mo, and annual cash flow totals $5,191/yr on $99,119 capital. ROI tracks 25.15% on current figures, and rental yield reads 10.48% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 132.37% and total cumulative return in cash sums $131,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,612/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
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Listed by: Nigel Horonzy • BHHS Myrtle Beach Real Estate
Mls Name: CCAR
Mls Provider:
Mls ID: #2509347
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.