Northridge Plan, Point HopeCharlestonSC29492
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
Investment property for sale in Charleston at Northridge Plan, Point Hope, Charleston, SC, 29492 uses $243,128 cash to close to unlock $29,987/yr annual cash flow and $2,499/mo monthly cash flow. Total monthly income runs $6,898/mo, and a $3,617/mo payment keeps the spread at $2,499/mo. Purchase price stands at $738,990, and rental yield measures 11.2% with $6,898/mo rent. Return on cash invested shows 32.39% in year one, and 5% annual appreciation builds toward $204,169 over five years. Five-year ROI reaches 169.44% and total cumulative return in cash records $411,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,898/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29492, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,521 (100%) |
| Owner Occupied HU | 5,895 (51.2%) |
| Renter Occupied HU | 4,094 (35.5%) |
| Vacant Housing Units | 1,532 (13.3%) |
| Median Home Value | $717,255 |
| Average Home Value | $925,987 |
Housing Distribution
Address Breakdown
Residential
11,295
Single Family
6,255
Multi-Family
5,040
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A