1096 Bridgeview Ln #A204SummertonSC29148
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 Summerton at 1096 Bridgeview Ln #A204, Summerton, SC, 29148 uses $122,622 cash to close to unlock $6,282/yr annual cash flow and $524/mo monthly cash flow. Total monthly income runs $2,725/mo, and a $1,810/mo payment keeps the spread at $524/mo. Purchase price stands at $369,900, and rental yield measures 8.84% with $2,725/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 130.01% and total cumulative return in cash records $159,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,725/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NorthGroup Real Estate LLC
Mls Name: CTMLS
Mls ID: #25027892