1428 Bloomingdale LnMount 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
Rental property for sale in Mount Pleasant at 1428 Bloomingdale Ln, Mount Pleasant, SC, 29466 priced at $800,000 converts $5,506/mo rent into $743/mo cash flow after a $3,916/mo obligation. Total monthly income equals $5,506/mo, and annual cash flow totals $8,920/yr on $263,200 invested. Return on cash invested prints 23.45% in year one, and rental yield reads 8.26% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 121.49% and total cumulative return in cash sums $319,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,506/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 2006
8,276 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 • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25025411