7774 Ginger LnCharlestonSC29420
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
Investment property for sale in Charleston at 7774 Ginger Ln, Charleston, SC, 29420 at $274,000 posts ROI 23.52% with $273/mo cash flow from $1,904/mo rent. Total monthly income equals $1,904/mo, and annual cash flow records $3,276/yr on $90,831 to close. Return on cash invested measures 23.52% and rental yield reads 8.34% at the current $274,000. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 by year five. Five-year ROI prints 121.94% and total cumulative return in cash totals $110,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
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Listed by: N/A • Coastal Point Real Estate
Mls Name: CTMLS
Mls ID: #25013696