108 Alston StSummervilleSC29483
Nearby investment properties with comparable rents
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 108 Alston St, Summerville, SC, 29483 uses $86,190 cash to close to unlock $8,770/yr annual cash flow and $731/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,273/mo payment keeps the spread at $731/mo. Purchase price stands at $259,999, and rental yield measures 10.52% with $2,279/mo rent. Return on cash invested shows 30.08% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 157.1% and total cumulative return in cash records $135,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29483, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,167 (100%) |
| Owner Occupied HU | 17,077 (70.7%) |
| Renter Occupied HU | 5,575 (23.1%) |
| Vacant Housing Units | 1,515 ( 6.3%) |
| Median Home Value | $357,966 |
| Average Home Value | $397,078 |
Housing Distribution
Address Breakdown
Residential
24,771
Single Family
22,687
Multi-Family
2,084
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • AgentOwned Realty
Mls Name: CTMLS
Mls ID: #25031032