1023 Basildon Rd #1023Mount PleasantSC29466
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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 Mount Pleasant at 1023 Basildon Rd #1023, Mount Pleasant, SC, 29466 offers a 8.7% rental yield on a $411,400 purchase with $2,983/mo rent. Total monthly income registers $2,983/mo, and a $2,014/mo payment leaves $534/mo available for distribution. Annual cash flow reaches $6,403/yr on $136,379 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $2,655/yr while 5% annual appreciation supports $113,662 over five years. Portfolio math shows five-year ROI at 127.71% and total cumulative return in cash at $174,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,983/mo property income against a $2,014/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29466, Mount Pleasant, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,115 (100%) |
| Owner Occupied HU | 14,555 (80.3%) |
| Renter Occupied HU | 2,339 (12.9%) |
| Vacant Housing Units | 1,221 ( 6.7%) |
| Median Home Value | $705,925 |
| Average Home Value | $823,520 |
Housing Distribution
Address Breakdown
Residential
18,278
Single Family
15,576
Multi-Family
2,702
Businesses
556
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A