1509 W Palmetto Fort DrMount 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 1509 W Palmetto Fort Dr, Mount Pleasant, SC, 29466 uses $246,750 cash to close to unlock $3,663/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $4,770/mo, and a $3,671/mo payment keeps the spread at $305/mo. Purchase price stands at $750,000, and rental yield measures 7.63% with $4,770/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 111.28% and total cumulative return in cash records $274,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,770/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.43 Acres 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: #26000244