2004 Hammond 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
Rental property for sale in Mount Pleasant at 2004 Hammond Dr, Mount Pleasant, SC, 29466 offers $4,603/mo rent that, after a $3,450/mo payment, leaves $407/mo cash flow. Total monthly income is $4,603/mo, and annual cash flow is $4,884/yr on $231,912 cash. Return on cash invested measures 22.17% in year one, and rental yield stands at 7.84% at a $704,900 entry. Equity gained on principal adds $4,549/yr while 5% annual appreciation compounds into $194,751 by year five. Five-year ROI records 114.59% and total cumulative return in cash reaches $265,746. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,603/mo property income versus a $3,450/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,840 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 • ChuckTown Homes Powered by Keller Williams
Mls Name: CTMLS
Mls Provider:
Mls ID: #25016830
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