212 Calhoun St APT CCharlestonSC29401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 212 Calhoun St APT C, Charleston, SC, 29401 in Charleston speaks for itself: 11.09% gross on a $825,000 price, generating $7,625/mo in rent and $2,714/mo in net income after the $3,710/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $32,565 stacks alongside $227,932 in projected five-year appreciation and $7,598/yr in principal reduction. Projected total cumulative return: $486,596.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.2% |
| Monthly Cash Flow | $2,714 | $1,850 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,625 |
| Total Monthly Debt Service | $4,583 |
| DSCR Ratio | 1.66x |
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 1830
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 1830
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 • N/A
Mls Name: CTMLS
Mls ID: #26007923