55 Gadsden St APT ACharlestonSC29401
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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 55 Gadsden St APT A, Charleston, SC, 29401 earns $1,218/mo cash flow from $5,082/mo rent with a $3,177/mo payment. Total monthly income totals $5,082/mo, and annual cash flow totals $14,618/yr on $213,521 capital. ROI tracks 26.91% on current figures, and rental yield reads 9.4% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 140.04% and total cumulative return in cash sums $299,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,082/mo property income instead of your personal income.
Townhouse
Built in 1920
2,178 sqft 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
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Listed by: N/A • Akers Ellis Real Estate LLC
Mls Name: CTMLS
Mls ID: #25022980