515 Rutledge AveCharlestonSC29403
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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 515 Rutledge Ave, Charleston, SC, 29403 at $1,799,000 posts ROI 8.27% with from $4,834/mo rent. Total monthly income equals $4,834/mo. Return on cash invested measures 8.27% and rental yield reads 3.22% at the current $1,799,000. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 by year five. Five-year ROI prints 40.04% and total cumulative return in cash totals $233,397. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1930
5,662 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 • Agent Group Realty Charleston
Mls Name: CTMLS
Mls ID: #25031124