1120 Princes Trace Dr.SummertonSC29148
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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
Investment property for sale in Summerton at 1120 Princes Trace Dr, Summerton, SC, 29148 earns from $1,110/mo rent with a $1,246/mo payment. Total monthly income totals $1,110/mo. ROI tracks 14.14% on current figures, and rental yield reads 5.23% at a $254,500 purchase. Equity gained on principal adds $1,642/yr, and 5% annual appreciation supports $70,314 over five years. Five-year ROI reaches 71.64% and total cumulative return in cash sums $60,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Manufactured
Built in 1995
1.58 Acres 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
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Listed by: Debra Fortin • BHHS Myrtle Beach Real Estate
Mls Name: CCAR
Mls ID: #2519855