ZIP CODE 29445 // CHARLESTON-NORTH CHARLESTON, SC // DATA AS OF 2026-09-30
Goose Creek, SC (29445) Rental Property Cap Rate & Cash Flow Report
Located in Berkeley County (Goose Creek, SC), Zip Code 29445 ranks #52 of 500 within this selected sample (90th percentile) with a Zillow ZHVI typical home-value index of $324,930 (-0.1% YoY) and a ZORI observed market rent of $1,876/mo (+5.5% YoY). Requires at least 33.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$284/mo
Annual: -$3,413/yr
Modeled Cap Rate
5.02%
NOI: $16,303/yr
Cash-on-Cash Return
-4.57%
Cash Needed: $74,734
1% Rule Ratio
0.58%
Gross Yield: 6.93%
Break-Even Rent
$2,203/mo
State Tax: 0.51%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 29445 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (SC Avg 0.51%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,643/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$517/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (29445)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $263,550 | $1,350/mo | 6.15% |
| 2022 | $307,335 | $1,518/mo | 5.93% |
| 2023 | $315,849 | $1,647/mo | 6.26% |
| 2024 | $327,408 | $1,686/mo | 6.18% |
| 2025 | $325,106 | $1,778/mo | 6.56% |
| 2026 | $324,930 | $1,876/mo | 6.93% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 29526 Conway, SC | $300,321 | $1,809/mo | 5.28% | -$198/mo |
| 29730 Rock Hill, SC | $284,333 | $1,536/mo | 4.63% | -$341/mo |
| 29072 Lexington, SC | $365,040 | $1,724/mo | 3.92% | -$653/mo |
| 29681 Simpsonville, SC | $402,519 | $1,884/mo | 3.88% | -$735/mo |
| 29485 Summerville, SC | $370,303 | $1,733/mo | 3.88% | -$676/mo |
| 60620 Chicago, IL | $182,454 | $1,305/mo | 5.02% | -$160/mo |