Mount Pleasant’s Zillow ZHVI typical city home value is $887,149, and its Zillow ZORI typical observed market rent is $2,425 per month. Together they imply a 3.28% gross yield before every operating cost. The ZHVI is 7.11x ACS median household income, while annual ZORI is 23.33% of that income. These citywide affordability ratios frame the entry-cost and rent relationship, but they do not establish a property’s achievable rent, expenses, financing terms or net return.
Citywide ACS context reports 44,376 housing units and a 26.40% renter share. Single-family structures comprise 75.55% of units, while large multifamily structures comprise 13.10%, so underwriting should reflect the subject’s actual structure rather than the city mix. The ACS median owner-reported home value is $748,500, and median gross rent is $2,159, including contract rent plus selected utilities. Those surveyed occupied-housing measures differ in concept and period from Zillow ZHVI and ZORI; they should not be averaged or treated as matching observations.
City rent-burden context places 55.26% at 30% or more. City vacancy is 10.12%; 35.84% of vacant units are categorized for rent, a reason share rather than a count of units available to an investor. Population is 8.06% above the overlapping ACS baseline vintage, but this comparison is not annualized and may reflect boundary changes. Median household income is $124,755, poverty is 6.10%, and unemployment is 3.33%. These city demand descriptors cannot show a specific tenant pool, lease-up time or property performance.
At the county scope, Charleston County’s effective property-tax rate is 0.389%, while its climate-loss ratio is 0.479%; both are county context and are not parcel-specific tax bills, insurance quotes or hazard findings. In the broader Charleston metro, jobs increased 0.50%, supply was 3.7 months, and 28.34% of listings had price drops; these metro measures inform labor momentum and resale conditions but do not measure Mount Pleasant alone. The national Freddie Mac 30-year mortgage rate is 6.58%, a national financing benchmark rather than a borrower quote.
The main limitations are aggregate geography, incompatible survey and market measures, and a gross yield that omits costs. Next, verify the subject’s condition and structure, legal use, achievable lease and utility terms, recent comparable listings, expected downtime, tenant-screening assumptions, and all recurring or capital costs. Obtain parcel-level tax records, insurance and hazard review, HOA documents where applicable, inspection findings, management and maintenance bids, and lender terms; then rebuild cash flow from the actual purchase price rather than citywide typical values.