969 Harbor View RdCharlestonSC29412
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 969 Harbor View Rd, Charleston, SC, 29412 in Charleston: $5,058/mo in rent, $638/mo in net income, 8.17% gross yield, 1.51 DSCR, all at $742,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $205,139 in appreciation and $6,838/yr in principal paydown projects total cumulative return of $321,854.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.2% |
| Monthly Cash Flow | $638 | $1,850 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,058 |
| Total Monthly Debt Service | $4,125 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1970
0.35 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
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
Multi Family
Built in 1970
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NAI Charleston, LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25003829
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.