112 Starling StSummervilleSC29483
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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 112 Starling St, Summerville, SC, 29483 offers $2,843/mo rent that, after a $2,114/mo payment, leaves $272/mo cash flow. Total monthly income is $2,843/mo, and annual cash flow is $3,262/yr on $143,208 cash. Return on cash invested measures 22.19% in year one, and rental yield stands at 7.9% at a $432,000 entry. Equity gained on principal adds $2,788/yr while 5% annual appreciation compounds into $119,354 by year five. Five-year ROI records 114.74% and total cumulative return in cash reaches $164,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,843/mo property income versus a $2,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
6,534 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
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Listed by: N/A • The Pulse Charleston
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010790
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.