7945 Edgebrook Cir #2310North 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
Investment property for sale in North Charleston at 7945 Edgebrook Cir #2310, North Charleston, SC, 29418 uses $69,615 cash to close to unlock $10,041/yr annual cash flow and $837/mo monthly cash flow. Total monthly income runs $2,087/mo, and a $1,028/mo payment keeps the spread at $837/mo. Purchase price stands at $210,000, and rental yield measures 11.93% with $2,087/mo rent. Return on cash invested shows 34.33% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 179.9% and total cumulative return in cash records $125,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,087/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A 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 One Real Estate
Mls Name: CTMLS
Mls ID: #25026029