2945 Bobo RdMount 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 2945 Bobo Rd, Mount Pleasant, SC, 29466 generates $3,079/mo in rent and, after a $1,786/mo payment, leaves $907/mo in cash flow. Total monthly income is $3,079/mo, and annual cash flow is $10,881/yr on $120,998 invested. Return on cash invested sits at 28.9% in year one, and rental yield is 10.12% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 150.75% and total cumulative return in cash sums $182,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,079/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.27 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 • Carolina Coastal Realty Group, LLC
Mls Name: CTMLS
Mls ID: #25027984