1815 Mount Pleasant Rd WMount PleasantNC28124
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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 1815 Mount Pleasant Rd W, Mount Pleasant, NC, 28124 offers a 8.15% rental yield on a $220,000 purchase with $1,494/mo rent. Total monthly income registers $1,494/mo, and a $1,077/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,836/yr on $72,930 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 116.18% and total cumulative return in cash at $84,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,494/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28124, Mount Pleasant, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,049 (100%) |
| Owner Occupied HU | 2,324 (76.2%) |
| Renter Occupied HU | 523 (17.2%) |
| Vacant Housing Units | 202 ( 6.6%) |
| Median Home Value | $434,898 |
| Average Home Value | $479,933 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,588
Multi-Family
76
Businesses
205
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Listed by: Kat Spizzirri • McCoy Real Estate Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332959