113 Magnolia House DrSummervilleSC29483
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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 Summerville at 113 Magnolia House Dr, Summerville, SC, 29483 earns from $2,100/mo rent with a $3,461/mo payment. Total monthly income totals $2,100/mo. ROI tracks 9.18% on current figures, and rental yield reads 3.56% at a $707,200 purchase. Equity gained on principal adds $4,563/yr, and 5% annual appreciation supports $195,386 over five years. Five-year ROI reaches 44.97% and total cumulative return in cash sums $104,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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 • N/A
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A