5415 Clairmont LnNorth CharlestonSC29420
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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 5415 Clairmont Ln, North Charleston, SC, 29420 priced at $489,000 pairs $3,410/mo rent with $499/mo cash flow after a $2,393/mo payment. Total monthly income equals $3,410/mo, and annual cash flow comes to $5,994/yr on $162,104 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 8.37% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 122.37% and total cumulative return in cash reaches $198,358. For financing, Ziffy Mortgage’s DSCR program evaluates $3,410/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
6,098 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
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Listed by: N/A • NextHome The Agency Group
Mls Name: CTMLS
Mls ID: #25021806