Is Mt Pleasant, SC a good place to invest in rental property?

Mt Pleasant, SC has a median modeled monthly cash flow of $-3,481 and a median cap rate of 1.8%, on a median sold price of $900,000. Prices changed +8.4% year over year.

What is the average cap rate in Mt Pleasant, SC?

The median cap rate across recently sold homes in Mt Pleasant, SC is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mt Pleasant, SC?

The median sold price in Mt Pleasant, SC is $900,000 (about $399 per square foot).

Investing in Mt Pleasant, SC Real Estate

A data-driven snapshot of the Mt Pleasant, SC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$900,000Median sold price

$399Median $/sqft

1.8%Median cap rate

$-3,481Modeled cash flow / mo

+8.4%Appreciation YoY

6.1Months of supply

21Active listings

41Sold (last 12 mo)

What the Mt Pleasant numbers say

In Mt Pleasant, SC, the median home sold for $900,000 (about $399 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,481 of monthly cash flow. Sold prices moved +8.4% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other South Carolina markets to compare

See Mt Pleasant cash-flowing listings

CashFlowRE ranks every for-sale home in Mt Pleasant, SC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Mt Pleasant deals, or browse the national market data.