8800 Dorchester Rd UNIT 1902North CharlestonSC29420
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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 8800 Dorchester Rd UNIT 1902, North Charleston, SC, 29420 listed at $322,900 pairs $2,652/mo rent with a $1,580/mo payment to leave $730/mo cash flow. Total monthly income runs $2,652/mo, and annual cash flow reaches $8,763/yr on $107,041 cash to close. Return on cash invested measures 28.1% in year one, and rental yield registers 9.86% at a $322,900 basis. Equity gained on principal adds $2,084/yr, and annual property appreciation at 5% supports $89,211 by year five. Five-year ROI tracks 146.46% and total cumulative return in cash totals $156,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,652/mo property income relative to a $1,580/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
4,356 sqft 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 • Peacher Real Estate LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24026127
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.