8700 Laurel Grove LnCharlestonSC29420
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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 Charleston at 8700 Laurel Grove Ln, Charleston, SC, 29420 listed at $645,617 pairs $3,052/mo rent with a $3,160/mo payment. Total monthly income runs $3,052/mo. Return on cash invested measures 15.59% in year one, and rental yield registers 5.67% at a $645,617 basis. Equity gained on principal adds $4,166/yr, and annual property appreciation at 5% supports $178,372 by year five. Five-year ROI tracks 79.33% and total cumulative return in cash totals $168,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,052/mo property income relative to a $3,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29420, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,849 (100%) |
| Owner Occupied HU | 6,196 (52.3%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $318,637 |
| Average Home Value | $367,872 |
Housing Distribution
Address Breakdown
Residential
10,044
Single Family
8,098
Multi-Family
1,946
Businesses
322
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25029429