Investing in Dorchester County
Dorchester County covers 2 rental markets we actively finance in South Carolina — Ladson, Summerville. Across those markets the median investment basis averages $347,500, a long-term lease averages $1,850/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,367. That produces a county-wide average DSCR ratio near 0.78x.
Basis varies more inside Dorchester County than the average suggests. Ladson is the lowest entry point at roughly $320,000, while Ladson currently models the strongest coverage ratio in the county at 0.79x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.