124 Palm Cove WayMount 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 124 Palm Cove Way, Mount Pleasant, SC, 29466 at $689,000 posts ROI 29.66% with $1,814/mo cash flow from $5,915/mo rent. Total monthly income equals $5,915/mo, and annual cash flow records $21,766/yr on $226,681 to close. Return on cash invested measures 29.66% and rental yield reads 10.3% at the current $689,000. Equity gained on principal adds $4,446/yr, and 5% annual appreciation supports $190,358 by year five. Five-year ROI prints 154.79% and total cumulative return in cash totals $350,886.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,915/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2006
3,049 sqft 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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Listed by: N/A • Maison Real Estate
Mls Name: CTMLS
Mls ID: #26001009