8300 Berringer BlfNorth 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 8300 Berringer Blf, North Charleston, SC, 29418 with 5% annual appreciation on a $399,900 basis while $2,621/mo rent supports operations. Total monthly income totals $2,621/mo and a $1,957/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,889/yr on $132,567 deployed, and return on cash invested reaches 22.09% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 7.86%. Five-year ROI measures 114.22% and total cumulative return in cash totals $151,424.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,621/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
8,276 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
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Listed by: N/A • Debbie Fisher Hometown Realty, LLC
Mls Name: CTMLS
Mls ID: #25031341