109 Glebe RdSummervilleSC29485
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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
Rental property for sale in Summerville at 109 Glebe Rd, Summerville, SC, 29485 priced at $332,500 converts $2,414/mo rent into $331/mo cash flow after a $1,627/mo obligation. Total monthly income equals $2,414/mo, and annual cash flow totals $3,971/yr on $110,224 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 8.71% against a $332,500 entry. Equity gained on principal adds $2,146/yr, while 5% annual appreciation compiles into $91,864 by year five. Five-year ROI reaches 122.24% and total cumulative return in cash sums $134,740. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,414/mo property income covering a $1,627/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.27 Acres 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 • Johnson & Wilson Real Estate Co LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24011343
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.