1481 Center St #1704Mount PleasantSC29464
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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 1481 Center St #1704, Mount Pleasant, SC, 29464 uses $101,074 cash to close to unlock $8,092/yr annual cash flow and $674/mo monthly cash flow. Total monthly income runs $2,489/mo, and a $1,492/mo payment keeps the spread at $674/mo. Purchase price stands at $304,900, and rental yield measures 9.8% with $2,489/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 145.49% and total cumulative return in cash records $147,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,489/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29464, Mount Pleasant, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,789 (100%) |
| Owner Occupied HU | 16,519 (61.7%) |
| Renter Occupied HU | 7,762 (29.0%) |
| Vacant Housing Units | 2,508 ( 9.4%) |
| Median Home Value | $733,009 |
| Average Home Value | $875,411 |
Housing Distribution
Address Breakdown
Residential
25,462
Single Family
20,045
Multi-Family
5,417
Businesses
2,651
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #25029525