1090 Bridgeview Ln UNIT 201SummertonSC29148
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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
Total monthly income runs $1,020/mo, and a $1,689/mo payment. Purchase price stands at $345,000, and rental yield measures 3.55% with $1,020/mo rent. Return on cash invested shows 3.31% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 15.6% and total cumulative return in cash records $17,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$548 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29148, Summerton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,130 (55.1%) |
| Renter Occupied HU | 506 (13.1%) |
| Vacant Housing Units | 1,229 (31.8%) |
| Median Home Value | $180,714 |
| Average Home Value | $240,898 |
Housing Distribution
Address Breakdown
Residential
3,091
Single Family
2,967
Multi-Family
124
Businesses
165
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Listed by: Tener Darcy • Keller Williams Innovate South
Mls Name: CCAR
Mls Provider:
Mls ID: #2422214
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.