DEVON Plan, Settlement at SalamanderCharlestonSC29406
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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 DEVON Plan, Settlement at Salamander, Charleston, SC, 29406 at $372,000 posts ROI 21.71% with $185/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $2,224/yr on $123,318 to close. Return on cash invested measures 21.71% and rental yield reads 7.74% at the current $372,000. Equity gained on principal adds $2,400/yr, and 5% annual appreciation supports $102,777 by year five. Five-year ROI prints 112.22% and total cumulative return in cash totals $138,393.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29406, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 5,639 (36.9%) |
| Renter Occupied HU | 8,476 (55.5%) |
| Vacant Housing Units | 1,154 ( 7.6%) |
| Median Home Value | $228,666 |
| Average Home Value | $311,248 |
Housing Distribution
Address Breakdown
Residential
14,352
Single Family
11,504
Multi-Family
2,848
Businesses
1,666
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A