687 Savannah HwyCharlestonSC29407
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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 687 Savannah Hwy, Charleston, SC, 29407 earns $231/mo cash flow from $3,353/mo rent with a $2,567/mo payment. Total monthly income totals $3,353/mo, and annual cash flow totals $2,771/yr on $172,561 capital. ROI tracks 21.67% on current figures, and rental yield reads 7.67% at a $524,500 purchase. Equity gained on principal adds $3,385/yr, and 5% annual appreciation supports $144,910 over five years. Five-year ROI reaches 111.92% and total cumulative return in cash sums $193,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,353/mo property income instead of your personal income.
Single Family
Built in 1944
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
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Listed by: N/A • Charleston Heritage Real Estate, LLC
Mls Name: CTMLS
Mls ID: #25028166