623 Majestic Oaks DrCharlestonSC29412
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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 623 Majestic Oaks Dr, Charleston, SC, 29412 listed at $775,000 pairs $4,810/mo rent with a $3,793/mo payment to leave $197/mo cash flow. Total monthly income runs $4,810/mo, and annual cash flow reaches $2,362/yr on $254,975 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 7.45% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 108.27% and total cumulative return in cash totals $276,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,810/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29412, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 13,529 (66.7%) |
| Renter Occupied HU | 5,060 (25.0%) |
| Vacant Housing Units | 1,683 ( 8.3%) |
| Median Home Value | $570,652 |
| Average Home Value | $690,064 |
Housing Distribution
Address Breakdown
Residential
19,302
Single Family
16,721
Multi-Family
2,581
Businesses
725
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Listed by: N/A • Akers Ellis Real Estate LLC
Mls Name: CTMLS
Mls ID: #25024174