3046 Emma 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 3046 Emma Ln, Mount Pleasant, SC, 29466 priced at $660,000 converts $4,316/mo rent into $388/mo cash flow after a $3,230/mo obligation. Total monthly income equals $4,316/mo, and annual cash flow totals $4,650/yr on $217,140 invested. Return on cash invested prints 22.2% in year one, and rental yield reads 7.85% against a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation compiles into $182,346 by year five. Five-year ROI reaches 114.79% and total cumulative return in cash sums $249,261. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,316/mo property income covering a $3,230/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
3,049 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 • Realty One Group Coastal
Mls Name: CTMLS
Mls ID: #25024910