103 Back Tee CirSummervilleSC29485
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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 Summerville at 103 Back Tee Cir, Summerville, SC, 29485 offers a 9% rental yield on a $367,000 purchase with $2,754/mo rent. Total monthly income registers $2,754/mo, and a $1,796/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,835/yr on $121,661 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $2,368/yr while 5% annual appreciation supports $101,395 over five years. Portfolio math shows five-year ROI at 132.65% and total cumulative return in cash at $161,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,754/mo property income against a $1,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29485, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,770 (100%) |
| Owner Occupied HU | 18,311 (71.1%) |
| Renter Occupied HU | 6,119 (23.7%) |
| Vacant Housing Units | 1,340 ( 5.2%) |
| Median Home Value | $347,407 |
| Average Home Value | $367,799 |
Housing Distribution
Address Breakdown
Residential
25,243
Single Family
22,192
Multi-Family
3,051
Businesses
1,103
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Listed by: N/A • Carolina Elite Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #25020079
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