116 Eagle DrSummervilleSC29485
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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 116 Eagle Dr, Summerville, SC, 29485 priced at $274,500 pairs $2,098/mo rent with $463/mo cash flow after a $1,344/mo payment. Total monthly income equals $2,098/mo, and annual cash flow comes to $5,562/yr on $90,997 invested. Return on cash invested is 26.02% in year one, and rental yield stands at 9.17% on a $274,500 basis. Equity gained on principal adds $1,771/yr, and 5% annual appreciation accumulates to $75,839 by year five. Five-year ROI measures 135.33% and total cumulative return in cash reaches $123,142. For financing, Ziffy Mortgage’s DSCR program evaluates $2,098/mo property income against a $1,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29485, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,770 (100%) |
| Owner Occupied HU | 18,311 (71.1%) |
| Renter Occupied HU | 6,119 (23.7%) |
| Vacant Housing Units | 1,340 ( 5.2%) |
| Median Home Value | $347,407 |
| Average Home Value | $367,799 |
Housing Distribution
Address Breakdown
Residential
25,243
Single Family
22,192
Multi-Family
3,051
Businesses
1,103
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Listed by: N/A • Better Homes And Gardens Real Estate Palmetto
Mls Name: CTMLS
Mls Provider:
Mls ID: #25002645
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.