114 Kenneth Ln,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at 114 Kenneth Ln, Summerville, SC, 29486 offers $2,828/mo rent that, after a $2,031/mo payment, leaves $358/mo cash flow. Total monthly income is $2,828/mo, and annual cash flow is $4,294/yr on $137,573 cash. Return on cash invested measures 23.03% in year one, and rental yield stands at 8.18% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 119.25% and total cumulative return in cash reaches $164,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,828/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.