5215 Chicory LnNorth CharlestonSC29420
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
Investment Highlights
Investment property for sale in North Charleston at 5215 Chicory Ln, North Charleston, SC, 29420 offers a 11.28% rental yield on a $265,000 purchase with $2,490/mo rent. Total monthly income registers $2,490/mo, and a $1,297/mo payment leaves $913/mo available for distribution. Annual cash flow reaches $10,951/yr on $87,848 to close, and return on cash invested stands at 32.37% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 169.39% and total cumulative return in cash at $148,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,490/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Connie White Real Estate & Design, LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25003395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.