822 5th AveCharlestonSC29407
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 822 5th Ave, Charleston, SC, 29407 in Charleston at $725,000 earns $4,357/mo in rent and nets $41/mo after the $3,260/mo payment, a 7.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $200,304 over five years. Ziffy Mortgage underwrites this on a 1.34 DSCR without U.S. credit history. With $6,677/yr in principal paydown, total projected return reaches $276,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.2% |
| Monthly Cash Flow | $41 | $1,850 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,357 |
| Total Monthly Debt Service | $4,027 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
Nearby investment properties with comparable rents
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
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29407, Charleston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,316 (100%) |
| Owner Occupied HU | 10,241 (53.0%) |
| Renter Occupied HU | 7,489 (38.8%) |
| Vacant Housing Units | 1,586 ( 8.2%) |
| Median Home Value | $523,332 |
| Average Home Value | $648,399 |
Housing Distribution
Address Breakdown
Residential
18,192
Single Family
14,687
Multi-Family
3,505
Businesses
1,958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • The Space Co Inc.
Mls Name: CTMLS
Mls ID: #25031113