947 E Estates Blvd APT CCharlestonSC29414
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 947 E Estates Blvd APT C, Charleston, SC, 29414 priced at $289,000 pairs $2,596/mo rent with $875/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,596/mo, and annual cash flow comes to $10,502/yr on $95,804 invested. Return on cash invested is 30.87% in year one, and rental yield stands at 10.78% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 161.36% and total cumulative return in cash reaches $154,586. For financing, Ziffy Mortgage’s DSCR program evaluates $2,596/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29414, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,381 (100%) |
| Owner Occupied HU | 13,816 (59.1%) |
| Renter Occupied HU | 7,939 (34.0%) |
| Vacant Housing Units | 1,626 ( 7.0%) |
| Median Home Value | $417,510 |
| Average Home Value | $493,899 |
Housing Distribution
Address Breakdown
Residential
22,116
Single Family
16,210
Multi-Family
5,906
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Smith Group Real Estate Corp
Mls Name: CTMLS
Mls Provider:
Mls ID: #25007041
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.