881 Evans RdCharlestonSC29412
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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 881 Evans Rd, Charleston, SC, 29412 with 5% annual appreciation on a $1,425,000 basis while $5,647/mo rent supports operations. Equity gained on principal adds $9,195/yr, and five-year appreciation sums $393,701 alongside rental yield of 4.76%. Five-year ROI measures 65.37% and total cumulative return in cash totals $301,796. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,647/mo property income versus a $6,975/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29412, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 13,529 (66.7%) |
| Renter Occupied HU | 5,060 (25.0%) |
| Vacant Housing Units | 1,683 ( 8.3%) |
| Median Home Value | $570,652 |
| Average Home Value | $690,064 |
Housing Distribution
Address Breakdown
Residential
19,302
Single Family
16,721
Multi-Family
2,581
Businesses
725
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25015293