1606 Marsh Harbor Ln UNIT CMount PleasantSC29464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1606 Marsh Harbor Ln UNIT C, Mount Pleasant, SC, 29464 listed at $1,640,000 pairs $2,610/mo rent with a $8,027/mo payment. Total monthly income runs $2,610/mo. Return on cash invested measures 4.22% in year one, and rental yield registers 1.91% at a $1,640,000 basis. Equity gained on principal adds $10,583/yr, and annual property appreciation at 5% supports $453,102 by year five. Five-year ROI tracks 18.28% and total cumulative return in cash totals $97,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $8,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Dunes Properties of Chas Inc
Mls Name: CTMLS
Mls ID: #25031827