1223 Walker RdMount PleasantNC28124
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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 1223 Walker Rd, Mount Pleasant, NC, 28124 offers a 3.17% rental yield on a $795,000 purchase with $2,102/mo rent. 48% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 36.01% and total cumulative return in cash at $94,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,102/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28124, Mount Pleasant, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,049 (100%) |
| Owner Occupied HU | 2,324 (76.2%) |
| Renter Occupied HU | 523 (17.2%) |
| Vacant Housing Units | 202 ( 6.6%) |
| Median Home Value | $434,898 |
| Average Home Value | $479,933 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,588
Multi-Family
76
Businesses
205
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Listed by: Brian Gilmore • G2 Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327651