Pimlico Plan, Indigo PlaceCharlestonSC29406
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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
Rental property for sale in Charleston at Pimlico Plan, Indigo Place, Charleston, SC, 29406 priced at $445,900 converts $2,400/mo rent into after a $2,182/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 17.85% in year one, and rental yield reads 6.46% against a $445,900 entry. Equity gained on principal adds $2,877/yr, while 5% annual appreciation compiles into $123,194 by year five. Five-year ROI reaches 91.5% and total cumulative return in cash sums $135,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $2,182/mo payment, not borrower’s personal income.
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 • Hunter Quinn Homes
Mls Name: Hunter Quinn Homes
Mls Provider:
Mls ID: #N/A