114 Waves PlSummervilleSC29486
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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 114 Waves Pl, Summerville, SC, 29486 generates $3,088/mo in rent and, after a $2,506/mo payment, leaves $40/mo in cash flow. Total monthly income is $3,088/mo, and annual cash flow is $482/yr on $168,448 invested. Return on cash invested sits at 20.35% in year one, and rental yield is 7.24% on a $512,000 entry. Equity gained on principal adds $3,304/yr, while 5% annual appreciation builds toward $141,456 over five years. Five-year ROI reaches 104.87% and total cumulative return in cash sums $176,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,088/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Realty
Mls Name: CTMLS
Mls ID: #26000695