6 Orrs 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 6 Orrs Ct, Charleston, SC, 29403 priced at $475,000 pairs $4,646/mo rent with $1,818/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,646/mo, and annual cash flow comes to $21,820/yr on $157,463 invested. Return on cash invested is 33.77% in year one, and rental yield stands at 11.74% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 176.85% and total cumulative return in cash reaches $278,479. For financing, Ziffy Mortgage’s DSCR program evaluates $4,646/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5,662 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 • Exit Realty Lowcountry Group
Mls Name: CTMLS
Mls ID: #25016072