106 Black River DrSummervilleSC29485
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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 Summerville at 106 Black River Dr, Summerville, SC, 29485 at $239,500 posts ROI 23.2% with $218/mo cash flow from $1,643/mo rent. Total monthly income equals $1,643/mo, and annual cash flow records $2,610/yr on $79,394 to close. Return on cash invested measures 23.2% and rental yield reads 8.23% at the current $239,500. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 by year five. Five-year ROI prints 120.19% and total cumulative return in cash totals $95,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,643/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2005
2,178 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 • Keller Williams Realty Charleston West Ashley
Mls Name: CTMLS
Mls ID: #25025733