732 S Shelmore Blvd #38Mount 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
Investment property for sale in Mount Pleasant at 732 S Shelmore Blvd #38, Mount Pleasant, SC, 29464 uses $303,996 cash to close to unlock $133/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $5,512/mo, and a $4,523/mo payment keeps the spread at $11/mo. Purchase price stands at $924,000, and rental yield measures 7.16% with $5,512/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $255,284 over five years. Five-year ROI reaches 103.55% and total cumulative return in cash records $314,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,512/mo property income covering a $4,523/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A 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 • Hion Life Real Estate
Mls Name: CTMLS
Mls ID: #25029025