1 Cool Blow St APT 323CharlestonSC29403
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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
Investment property for sale in Charleston at 1 Cool Blow St APT 323, Charleston, SC, 29403 offers a 9.09% rental yield on a $340,000 purchase with $2,575/mo rent. Total monthly income registers $2,575/mo, and a $1,664/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,614/yr on $112,710 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 134.03% and total cumulative return in cash at $151,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,575/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
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 • Redfin Corporation
Mls Name: CTMLS
Mls ID: #25024923