1134 Village Creek Ln APT 1Mount PleasantSC29464
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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
Rental property for sale in Mount Pleasant at 1134 Village Creek Ln APT 1, Mount Pleasant, SC, 29464 generates $2,938/mo in rent and, after a $2,105/mo payment, leaves $378/mo in cash flow. Total monthly income is $2,938/mo, and annual cash flow is $4,535/yr on $142,545 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 8.2% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 119.58% and total cumulative return in cash sums $170,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,938/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29464, Mount Pleasant, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,789 (100%) |
| Owner Occupied HU | 16,519 (61.7%) |
| Renter Occupied HU | 7,762 (29.0%) |
| Vacant Housing Units | 2,508 ( 9.4%) |
| Median Home Value | $733,009 |
| Average Home Value | $875,411 |
Housing Distribution
Address Breakdown
Residential
25,462
Single Family
20,045
Multi-Family
5,417
Businesses
2,651
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Listed by: N/A • AgentOwned Realty Preferred Group
Mls Name: CTMLS
Mls ID: #26001325