Manchester B Modern Farmhouse Plan, Charleston, SC: Build On Your Lot,North Charleston,SC,29406

Investment Highlights

Investment property for sale in North Charleston at Manchester B Modern Farmhouse Plan, Charleston, SC: Build On Your Lot, North Charleston, SC, 29406 listed at $453,092 pairs $2,986/mo rent with a $2,218/mo payment to leave $288/mo cash flow. Total monthly income runs $2,986/mo, and annual cash flow reaches $3,462/yr on $150,200 cash to close. Return on cash invested measures 22.21% in year one, and rental yield registers 7.91% at a $453,092 basis. Equity gained on principal adds $2,924/yr, and annual property appreciation at 5% supports $125,181 by year five. Five-year ROI tracks 114.91% and total cumulative return in cash totals $172,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,986/mo property income relative to a $2,218/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).