Preston Plan, Point HopeCharlestonSC29492
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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 Preston Plan, Point Hope, Charleston, SC, 29492 offers $6,898/mo rent that, after a $3,695/mo payment, leaves $2,404/mo cash flow. Total monthly income is $6,898/mo, and annual cash flow is $28,848/yr on $248,393 cash. Return on cash invested measures 31.67% in year one, and rental yield stands at 10.96% at a $754,995 entry. Equity gained on principal adds $4,872/yr while 5% annual appreciation compounds into $208,591 by year five. Five-year ROI records 165.58% and total cumulative return in cash reaches $411,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,898/mo property income versus a $3,695/mo payment rather than borrower’s personal income verification through 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: 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
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Listed by: N/A • Toll Brothers
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A