For 1627 Clay Ave, a spacious 4-bed, 2-bath single-family in Charleston’s Edgewood area, the **monthly rent potential is $1,250 to $1,300** based on recent comps and local data. Annual gross revenue estimates fall between **$15K–$15.6K**. With an asking price of $84.9K, the **payback period (gross) is approximately 5.5–5.8 years**. The Edgewood neighborhood commands stronger rents (up to $1,350) for larger single-family homes. The property’s size (1,680 sqft), 4-bed layout, hardwoods, fenced yard, and full basement offer strong appeal for both families and shared living setups. Challenges include moderate fire and heat risk scores and schools rated below average, but proximity to amenities and overall warm rental demand in Charleston offset these.

To boost rental value, consider light cosmetic updates (fresh paint, updated fixtures, minor kitchen/bath refreshes) and finish part of the basement for extra living or storage space. If selling, target investors seeking high-yield rentals—emphasize the 4-bedroom layout, solid rent potential, and Edgewood’s above-average rents. Ensure all major systems are in good repair, as reliable infrastructure is a top concern for rental investors in this price segment.