8409 Hidden Bakers TrceNorth 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
Rental property for sale in North Charleston at 8409 Hidden Bakers Trce, North Charleston, SC, 29418 priced at $294,500 pairs $2,319/mo rent with $566/mo cash flow after a $1,441/mo payment. Total monthly income equals $2,319/mo, and annual cash flow comes to $6,796/yr on $97,627 invested. Return on cash invested is 26.87% in year one, and rental yield stands at 9.45% on a $294,500 basis. Equity gained on principal adds $1,900/yr, and 5% annual appreciation accumulates to $81,365 by year five. Five-year ROI measures 139.88% and total cumulative return in cash reaches $136,561. For financing, Ziffy Mortgage’s DSCR program evaluates $2,319/mo property income against a $1,441/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2008
1,306 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 • ChuckTown Homes Powered by Keller Williams
Mls Name: CTMLS
Mls Provider:
Mls ID: #25011632
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