808 Cartwright DrCharlestonSC29414
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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 Charleston at 808 Cartwright Dr, Charleston, SC, 29414 priced at $399,000 pairs $2,875/mo rent with $500/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,875/mo, and annual cash flow comes to $5,997/yr on $132,269 invested. Return on cash invested is 24.44% in year one, and rental yield stands at 8.65% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 126.85% and total cumulative return in cash reaches $167,786. For financing, Ziffy Mortgage’s DSCR program evaluates $2,875/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
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Listed by: N/A • Matt O'Neill Real Estate
Mls Name: CTMLS
Mls ID: #25024398