1374 Hopton CirMount 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 1374 Hopton Cir, Mount Pleasant, SC, 29466 uses $119,174 cash to close to unlock $7,374/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,755/mo, and a $1,760/mo payment keeps the spread at $615/mo. Purchase price stands at $359,500, and rental yield measures 9.2% with $2,755/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 135.72% and total cumulative return in cash records $161,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,755/mo property income covering a $1,760/mo payment rather than investor’s personal income.
Condo
Built in 2001
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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Listed by: N/A • CRP Real Estate LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24010780
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