Tramel Plan, Charleston Build on Your LotMount PleasantSC29464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tramel Plan, Charleston Build on Your Lot, Mount Pleasant, SC, 29464 uses $238,193 cash to close to unlock $62,961/yr annual cash flow and $5,247/mo monthly cash flow. Total monthly income runs $9,557/mo, and a $3,544/mo payment keeps the spread at $5,247/mo. Purchase price stands at $723,990, and rental yield measures 15.84% with $9,557/mo rent. Return on cash invested shows 46.49% in year one, and 5% annual appreciation builds toward $200,025 over five years. Five-year ROI reaches 245.05% and total cumulative return in cash records $583,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,557/mo property income covering a $3,544/mo payment rather than investor’s personal income.
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Tuck • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A