7002 Lanier StHanahanSC29410
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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 Hanahan at 7002 Lanier St, Hanahan, SC, 29410 listed at $435,000 pairs $3,142/mo rent with a $2,129/mo payment to leave $553/mo cash flow. Total monthly income runs $3,142/mo, and annual cash flow reaches $6,632/yr on $144,203 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 8.67% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 127.2% and total cumulative return in cash totals $183,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,142/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29410, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,641 (100%) |
| Owner Occupied HU | 5,453 (63.1%) |
| Renter Occupied HU | 2,761 (32.0%) |
| Vacant Housing Units | 427 ( 4.9%) |
| Median Home Value | $388,588 |
| Average Home Value | $461,432 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,386
Multi-Family
953
Businesses
269
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25021225