755 N Skyland DrMount 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 755 N Skyland Dr, Mount Pleasant, NC, 28124 uses $103,760 cash to close to unlock $2,429/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,532/mo payment keeps the spread at $202/mo. Purchase price stands at $313,000, and rental yield measures 8.09% with $2,110/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $86,476 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash records $119,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,532/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.53 Acres lot
$N/A/sqft
No 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: Julie Hayes-Carpenter • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318093