94 Fishburne StCharlestonSC29403
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 Charleston at 94 Fishburne St, Charleston, SC, 29403 priced at $1,795,000 converts $7,138/mo rent into after a $8,786/mo obligation. Total monthly income equals $7,138/mo. Return on cash invested prints 13.05% in year one, and rental yield reads 4.77% against a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation compiles into $495,925 by year five. Five-year ROI reaches 65.65% and total cumulative return in cash sums $381,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,138/mo property income covering a $8,786/mo payment, not borrower’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29403, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 4,024 (25.6%) |
| Renter Occupied HU | 8,465 (53.8%) |
| Vacant Housing Units | 3,249 (20.6%) |
| Median Home Value | $777,820 |
| Average Home Value | $872,206 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
9,788
Multi-Family
3,223
Businesses
1,102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Marshall Walker Real Estate
Mls Name: CTMLS
Mls ID: #25023662