272 Coming St #CCharlestonSC29403
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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 272 Coming St #C, Charleston, SC, 29403 uses $295,771 cash to close to unlock $11,971/yr annual cash flow and $998/mo monthly cash flow. Total monthly income runs $6,349/mo, and a $4,400/mo payment keeps the spread at $998/mo. Purchase price stands at $899,000, and rental yield measures 8.47% with $6,349/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 125.01% and total cumulative return in cash records $369,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,349/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1890
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29403, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,738 (100%) |
| Owner Occupied HU | 4,024 (25.6%) |
| Renter Occupied HU | 8,465 (53.8%) |
| Vacant Housing Units | 3,249 (20.6%) |
| Median Home Value | $777,820 |
| Average Home Value | $872,206 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
9,788
Multi-Family
3,223
Businesses
1,102
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Listed by: N/A • Smith Spencer Real Estate
Mls Name: CTMLS
Mls ID: #25026210