7734 Suzanne DrNorth 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 7734 Suzanne Dr, North Charleston, SC, 29418 priced at $120,000 converts $1,906/mo rent into $1,192/mo cash flow after a $587/mo obligation. Total monthly income equals $1,906/mo, and annual cash flow totals $14,304/yr on $39,780 invested. Return on cash invested prints 55.87% in year one, and rental yield reads 19.06% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 295.34% and total cumulative return in cash sums $117,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,906/mo property income covering a $587/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
2,178 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 • Carolina Elite Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25001132
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