835 Erckmann DrMount 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 835 Erckmann Dr, Mount Pleasant, SC, 29464 with 5% annual appreciation on a $1,600,000 basis while $5,362/mo rent supports operations. 73% in year one. Equity gained on principal adds $10,325/yr, and five-year appreciation sums $442,051 alongside rental yield of 4.02%. Five-year ROI measures 53.23% and total cumulative return in cash totals $275,943. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,362/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.30 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 • Daniel Ravenel Sotheby's International Realty
Mls Name: CTMLS
Mls ID: #26001787