1301 Merchant CtMount 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 1301 Merchant Ct, Mount Pleasant, SC, 29466 earns $232/mo cash flow from $4,393/mo rent with a $3,421/mo payment. Total monthly income totals $4,393/mo, and annual cash flow totals $2,787/yr on $229,971 capital. ROI tracks 21.27% on current figures, and rental yield reads 7.54% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 109.82% and total cumulative return in cash sums $252,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,393/mo property income instead of your personal income.
Single Family
Built in 2013
6,534 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 • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25031977