2021 Comstock AveNorth CharlestonSC29405
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2021 Comstock Ave, North Charleston, SC, 29405 in North Charleston deserves attention. This $295,000 property earns $2,951/mo in rent, a 12% gross yield, and nets $1,195/mo after the $1,327/mo payment. DSCR 2.22 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $81,503 compounds alongside $2,717/yr in yearly equity build, for a total cumulative return of $188,418.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 4.8% |
| Monthly Cash Flow | $1,195 | $285 |
City averages based on North Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,951 |
| Total Monthly Debt Service | $1,639 |
| DSCR Ratio | 1.80x |
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.
Single Family
Built in 2021
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29405, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,837 (100%) |
| Owner Occupied HU | 5,520 (39.9%) |
| Renter Occupied HU | 6,429 (46.5%) |
| Vacant Housing Units | 1,888 (13.6%) |
| Median Home Value | $338,105 |
| Average Home Value | $374,748 |
Housing Distribution
Address Breakdown
Residential
11,884
Single Family
11,116
Multi-Family
768
Businesses
1,709
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
Single Family
Built in 2021
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29405, North Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,837 (100%) |
| Owner Occupied HU | 5,520 (39.9%) |
| Renter Occupied HU | 6,429 (46.5%) |
| Vacant Housing Units | 1,888 (13.6%) |
| Median Home Value | $338,105 |
| Average Home Value | $374,748 |
Housing Distribution
Address Breakdown
Residential
11,884
Single Family
11,116
Multi-Family
768
Businesses
1,709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Brand Name Real Estate
Mls Name: CTMLS
Mls ID: #26003998