Mitchell Plan, Cedar Glen PreserveCharlestonSC29450
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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 Mitchell Plan, Cedar Glen Preserve, Charleston, SC, 29450 offers a 8.76% rental yield on a $475,990 purchase with $3,474/mo rent. Total monthly income registers $3,474/mo, and a $2,330/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,683/yr on $157,791 to close, and return on cash invested stands at 24.78% in year one. Equity gained on principal adds $3,071/yr while 5% annual appreciation supports $131,507 over five years. Portfolio math shows five-year ROI at 128.66% and total cumulative return in cash at $203,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $2,330/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29450, Huger, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,481 (81.9%) |
| Renter Occupied HU | 166 ( 9.2%) |
| Vacant Housing Units | 162 ( 9.0%) |
| Median Home Value | $216,573 |
| Average Home Value | $370,140 |
Housing Distribution
Address Breakdown
Residential
1,894
Single Family
1,894
Multi-Family
0
Businesses
92
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A