8211 Greenridge RdNorth CharlestonSC29406
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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 8211 Greenridge Rd, North Charleston, SC, 29406 earns $647/mo cash flow from $2,356/mo rent with a $1,405/mo payment. Total monthly income totals $2,356/mo, and annual cash flow totals $7,767/yr on $95,141 capital. ROI tracks 28.07% on current figures, and rental yield reads 9.85% at a $287,000 purchase. Equity gained on principal adds $1,852/yr, and 5% annual appreciation supports $79,293 over five years. Five-year ROI reaches 146.35% and total cumulative return in cash sums $139,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,356/mo property income instead of your personal income.
Single Family
Built in 1972
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29406, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 5,639 (36.9%) |
| Renter Occupied HU | 8,476 (55.5%) |
| Vacant Housing Units | 1,154 ( 7.6%) |
| Median Home Value | $228,666 |
| Average Home Value | $311,248 |
Housing Distribution
Address Breakdown
Residential
14,352
Single Family
11,504
Multi-Family
2,848
Businesses
1,666
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Listed by: N/A • The Pulse Charleston
Mls Name: CTMLS
Mls ID: #25025443