750 Charter Dr. #E7LongsSC29568
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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 Longs at 750 Charter Dr. #E7, Longs, SC, 29568 uses $66,267 cash to close to unlock $4,673/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $978/mo payment keeps the spread at $389/mo. Purchase price stands at $199,900, and rental yield measures 9.48% with $1,579/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $93,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29568, Longs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,316 (100%) |
| Owner Occupied HU | 6,775 (72.7%) |
| Renter Occupied HU | 1,301 (14.0%) |
| Vacant Housing Units | 1,240 (13.3%) |
| Median Home Value | $316,590 |
| Average Home Value | $331,933 |
Housing Distribution
Address Breakdown
Residential
9,282
Single Family
8,694
Multi-Family
588
Businesses
321
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Listed by: Collins Weber • The Weber Group, LLC
Mls Name: CCAR
Mls ID: #2520294