364 Evian WayMount PleasantSC29464
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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 364 Evian Way, Mount Pleasant, SC, 29464 priced at $1,729,000 converts $8,502/mo rent into after a $8,463/mo obligation. Total monthly income equals $8,502/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 5.9% against a $1,729,000 entry. Equity gained on principal adds $11,157/yr, while 5% annual appreciation compiles into $477,691 by year five. Five-year ROI reaches 84.33% and total cumulative return in cash sums $472,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,502/mo property income covering a $8,463/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29464, Mount Pleasant, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,789 (100%) |
| Owner Occupied HU | 16,519 (61.7%) |
| Renter Occupied HU | 7,762 (29.0%) |
| Vacant Housing Units | 2,508 ( 9.4%) |
| Median Home Value | $733,009 |
| Average Home Value | $875,411 |
Housing Distribution
Address Breakdown
Residential
25,462
Single Family
20,045
Multi-Family
5,417
Businesses
2,651
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Listed by: N/A • The Boulevard Company
Mls Name: CTMLS
Mls ID: #26000232