1622 Pin Oak CutMount 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 1622 Pin Oak Cut, Mount Pleasant, SC, 29466 offers a 7.3% rental yield on a $592,000 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $2,898/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $148/yr on $194,768 to close, and return on cash invested stands at 20.14% in year one. Equity gained on principal adds $3,820/yr while 5% annual appreciation supports $163,559 over five years. Portfolio math shows five-year ROI at 103.86% and total cumulative return in cash at $202,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $2,898/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1,306 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 • Opendoor Brokerage, LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #25011284
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.