117 Ashley Ave APT DCharlestonSC29401
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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 117 Ashley Ave APT D, Charleston, SC, 29401 priced at $625,000 pairs $3,884/mo rent with $164/mo cash flow after a $3,059/mo payment. Total monthly income equals $3,884/mo, and annual cash flow comes to $1,963/yr on $205,625 invested. Return on cash invested is 21.01% in year one, and rental yield stands at 7.46% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 108.43% and total cumulative return in cash reaches $222,961. For financing, Ziffy Mortgage’s DSCR program evaluates $3,884/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2009
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29401, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,495 (100%) |
| Owner Occupied HU | 2,606 (40.1%) |
| Renter Occupied HU | 2,405 (37.0%) |
| Vacant Housing Units | 1,484 (22.8%) |
| Median Home Value | $1,387,145 |
| Average Home Value | $1,475,668 |
Housing Distribution
Address Breakdown
Residential
5,557
Single Family
4,068
Multi-Family
1,489
Businesses
1,320
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Listed by: N/A • The Exchange Company, LLC
Mls Name: CTMLS
Mls ID: #25030088