2621 Ringsted LnMount 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 2621 Ringsted Ln, Mount Pleasant, SC, 29466 priced at $1,364,999 pairs $5,933/mo rent with after a $6,681/mo payment. Total monthly income equals $5,933/mo. Return on cash invested is 14.42% in year one, and rental yield stands at 5.22% on a $1,364,999 basis. Equity gained on principal adds $8,808/yr, and 5% annual appreciation accumulates to $377,124 by year five. Five-year ROI measures 73% and total cumulative return in cash reaches $322,846. For financing, Ziffy Mortgage’s DSCR program evaluates $5,933/mo property income against a $6,681/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.25 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 • Real Broker, LLC
Mls Name: CTMLS
Mls ID: #25027043