Yates Plan, Charleston Build on Your LotMount 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
Rental property for sale in Mount Pleasant at Yates Plan, Charleston Build on Your Lot, Mount Pleasant, SC, 29464 priced at $511,990 converts $8,305/mo rent into $5,257/mo cash flow after a $2,506/mo obligation. Total monthly income equals $8,305/mo, and annual cash flow totals $63,086/yr on $168,445 invested. Return on cash invested prints 57.51% in year one, and rental yield reads 19.47% against a $511,990 entry. Equity gained on principal adds $3,304/yr, while 5% annual appreciation compiles into $141,453 by year five. Five-year ROI reaches 304.17% and total cumulative return in cash sums $512,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,305/mo property income covering a $2,506/mo payment, not borrower’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
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Listed by: Samantha Tuck • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A