2196 Coker AveCharlestonSC29412
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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 2196 Coker Ave, Charleston, SC, 29412 listed at $1,850,000 pairs $6,882/mo rent with a $9,055/mo payment. Total monthly income runs $6,882/mo. Return on cash invested measures 12.1% in year one, and rental yield registers 4.46% at a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and annual property appreciation at 5% supports $511,121 by year five. Five-year ROI tracks 60.55% and total cumulative return in cash totals $362,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,882/mo property income relative to a $9,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29412, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,272 (100%) |
| Owner Occupied HU | 13,529 (66.7%) |
| Renter Occupied HU | 5,060 (25.0%) |
| Vacant Housing Units | 1,683 ( 8.3%) |
| Median Home Value | $570,652 |
| Average Home Value | $690,064 |
Housing Distribution
Address Breakdown
Residential
19,302
Single Family
16,721
Multi-Family
2,581
Businesses
725
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25029677