6275 Rolling Fork Rd #401North CharlestonSC29406
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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 6275 Rolling Fork Rd #401, North Charleston, SC, 29406 generates $2,006/mo in rent and, after a $697/mo payment, leaves $1,158/mo in cash flow. Total monthly income is $2,006/mo, and annual cash flow is $13,898/yr on $47,239 invested. Return on cash invested sits at 49.33% in year one, and rental yield is 16.89% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 260.39% and total cumulative return in cash sums $123,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,006/mo property income rather than buyer’s personal income.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29406, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 5,639 (36.9%) |
| Renter Occupied HU | 8,476 (55.5%) |
| Vacant Housing Units | 1,154 ( 7.6%) |
| Median Home Value | $228,666 |
| Average Home Value | $311,248 |
Housing Distribution
Address Breakdown
Residential
14,352
Single Family
11,504
Multi-Family
2,848
Businesses
1,666
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Listed by: N/A • Maven Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #25016913
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.