6886 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
Investment property for sale in North Charleston at 6886 Shahid Row, North Charleston, SC, 29418 uses $61,328 cash to close to unlock $8,571/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $905/mo payment keeps the spread at $714/mo. Purchase price stands at $185,000, and rental yield measures 11.88% with $1,832/mo rent. Return on cash invested shows 33.88% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 177.63% and total cumulative return in cash records $108,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $905/mo payment rather than investor’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 • Century 21 Excel
Mls Name: CTMLS
Mls Provider:
Mls ID: #24014259
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