1 Cool Blow St APT 341CharlestonSC29403
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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 341, Charleston, SC, 29403 uses $165,717 cash to close to unlock $10,295/yr annual cash flow and $858/mo monthly cash flow. Total monthly income runs $3,834/mo, and a $2,447/mo payment keeps the spread at $858/mo. Purchase price stands at $499,900, and rental yield measures 9.2% with $3,834/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash records $225,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,834/mo property income covering a $2,447/mo payment rather than investor’s personal income.
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: #25026132