700 Daniel Ellis Dr APT 4107CharlestonSC29412
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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 700 Daniel Ellis Dr APT 4107, Charleston, SC, 29412 uses $81,218 cash to close to unlock $5,517/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,994/mo, and a $1,199/mo payment keeps the spread at $460/mo. Purchase price stands at $245,000, and rental yield measures 9.77% with $1,994/mo rent. Return on cash invested shows 26.7% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash records $113,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,994/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A 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 • The Exchange Company, LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25017646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.