150 Bee St APT 716CharlestonSC29401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable, bankable, and well-priced, 150 Bee St APT 716, Charleston, SC, 29401 in Charleston delivers $3,806/mo in gross rent and $354/mo in net monthly income at a $580,000 entry. The 7.88% yield and 1.46 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $160,243 over five years and $5,342/yr in equity from loan paydown, total projected return is $242,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $354 | $1,850 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,806 |
| Total Monthly Debt Service | $3,222 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • McConnell Real Estate Partners
Mls Name: CTMLS
Mls ID: #26002728