6847 Glen Abby Ln LOT 7Mount PleasantNC28124
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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
Investment property for sale in Mount Pleasant at 6847 Glen Abby Ln LOT 7, Mount Pleasant, NC, 28124 earns from $1,554/mo rent with a $3,334/mo payment. Total monthly income totals $1,554/mo. ROI tracks 5.73% on current figures, and rental yield reads 2.74% at a $681,200 purchase. Equity gained on principal adds $4,396/yr, and 5% annual appreciation supports $188,203 over five years. Five-year ROI reaches 26.8% and total cumulative return in cash sums $60,065. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,554/mo property income instead of your personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$475 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28124, Mount Pleasant, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,049 (100%) |
| Owner Occupied HU | 2,324 (76.2%) |
| Renter Occupied HU | 523 (17.2%) |
| Vacant Housing Units | 202 ( 6.6%) |
| Median Home Value | $434,898 |
| Average Home Value | $479,933 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,588
Multi-Family
76
Businesses
205
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Listed by: Chad Little • Niblock Development Corp
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4289520
Disclaimer: Based on information submitted to the MLS GRID as of 2025-09-22 17:43:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)