8 Elliott StCharlestonSC29401
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Nearby investment properties with comparable prices
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 8 Elliott St, Charleston, SC, 29401 at $1,195,000 posts ROI 20.79% with $134/mo cash flow from $7,248/mo rent. Total monthly income equals $7,248/mo, and annual cash flow records $1,612/yr on $387,180 to close. Return on cash invested measures 20.79% and rental yield reads 7.28% at the current $1,195,000. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 by year five. Five-year ROI prints 107.14% and total cumulative return in cash totals $414,806.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1779
1,742 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 • Focus Real Estate Services, LLC
Mls Name: CTMLS
Mls ID: #25030039