6877 Shahid RowNorth CharlestonSC29418
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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 6877 Shahid Row, North Charleston, SC, 29418 priced at $237,499 converts $2,029/mo rent into $561/mo cash flow after a $1,162/mo obligation. Total monthly income equals $2,029/mo, and annual cash flow totals $6,737/yr on $78,731 invested. Return on cash invested prints 28.47% in year one, and rental yield reads 10.25% against a $237,499 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation compiles into $65,617 by year five. Five-year ROI reaches 148.76% and total cumulative return in cash sums $117,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $1,162/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29418, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,598 (100%) |
| Owner Occupied HU | 5,566 (44.2%) |
| Renter Occupied HU | 5,838 (46.3%) |
| Vacant Housing Units | 1,194 ( 9.5%) |
| Median Home Value | $271,313 |
| Average Home Value | $358,309 |
Housing Distribution
Address Breakdown
Residential
11,024
Single Family
9,840
Multi-Family
1,184
Businesses
1,633
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Listed by: N/A • EXP Realty LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25001043
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.