58 Dereef CtCharlestonSC29403
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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 Charleston at 58 Dereef Ct, Charleston, SC, 29403 generates $4,327/mo in rent, after a $4,111/mo payment. Total monthly income is $4,327/mo. Return on cash invested sits at 15.55% in year one, and rental yield is 6.18% on a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 79.72% and total cumulative return in cash sums $220,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,327/mo property income rather than buyer’s personal income.
Multi Family
Built in 2014
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29403, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 4,024 (25.6%) |
| Renter Occupied HU | 8,465 (53.8%) |
| Vacant Housing Units | 3,249 (20.6%) |
| Median Home Value | $777,820 |
| Average Home Value | $872,206 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
9,788
Multi-Family
3,223
Businesses
1,102
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls Provider:
Mls ID: #24022926
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.