7747 Ovaldale DrNorth CharlestonSC29418
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7747 Ovaldale Dr, North Charleston, SC, 29418 in North Charleston speaks for itself: 11.94% gross on a $269,900 price, generating $2,684/mo in rent and $1,078/mo in net income after the $1,214/mo debt service. DSCR 2.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,933 stacks alongside $74,568 in projected five-year appreciation and $2,486/yr in principal reduction. Projected total cumulative return: $171,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 4.8% |
| Monthly Cash Flow | $1,078 | $285 |
City averages based on North Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,684 |
| Total Monthly Debt Service | $1,499 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
10,454 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
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
Single Family
Built in 1989
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Brand Name Real Estate
Mls Name: CTMLS
Mls ID: #25022882