Sullivan Plan, Grants CourtCharlestonSC29403
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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 Sullivan Plan, Grants Court, Charleston, SC, 29403 priced at $1,074,990 converts $3,942/mo rent into after a $5,262/mo obligation. Total monthly income equals $3,942/mo. Return on cash invested prints 11.9% in year one, and rental yield reads 4.4% against a $1,074,990 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation compiles into $297,000 by year five. Five-year ROI reaches 59.5% and total cumulative return in cash sums $207,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,942/mo property income covering a $5,262/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: 29403, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 4,024 (25.6%) |
| Renter Occupied HU | 8,465 (53.8%) |
| Vacant Housing Units | 3,249 (20.6%) |
| Median Home Value | $777,820 |
| Average Home Value | $872,206 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
9,788
Multi-Family
3,223
Businesses
1,102
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Listed by: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A