8867 E Fairway Woods CirNorth CharlestonSC29420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8867 E Fairway Woods Cir, North Charleston, SC, 29420 offers $3,415/mo rent that, after a $3,082/mo payment. Total monthly income is $3,415/mo. Return on cash invested measures 18.13% in year one, and rental yield stands at 6.51% at a $629,777 entry. Equity gained on principal adds $4,064/yr while 5% annual appreciation compounds into $173,996 by year five. Five-year ROI records 92.96% and total cumulative return in cash reaches $192,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,415/mo property income versus a $3,082/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.30 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 • AgentOwned Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #24025355
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.