701 Andrea LnHanahanSC29410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hanahan at 701 Andrea Ln, Hanahan, SC, 29410 priced at $216,000 pairs $1,873/mo rent with $587/mo cash flow after a $1,057/mo payment. Total monthly income equals $1,873/mo, and annual cash flow comes to $7,049/yr on $71,604 invested. Return on cash invested is 29.75% in year one, and rental yield stands at 10.41% on a $216,000 basis. Equity gained on principal adds $1,394/yr, and 5% annual appreciation accumulates to $59,677 by year five. Five-year ROI measures 155.36% and total cumulative return in cash reaches $111,243. For financing, Ziffy Mortgage’s DSCR program evaluates $1,873/mo property income against a $1,057/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A