137 Norses Bay CtSummervilleSC29486
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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 137 Norses Bay Ct, Summerville, SC, 29486 offers a 8.55% rental yield on a $404,045 purchase with $2,878/mo rent. Total monthly income registers $2,878/mo, and a $1,978/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,669/yr on $133,941 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $2,607/yr while 5% annual appreciation supports $111,630 over five years. Portfolio math shows five-year ROI at 125.25% and total cumulative return in cash at $167,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,878/mo property income against a $1,978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: N/A • Lennar Sales Corp.
Mls Name: CTMLS
Mls Provider:
Mls ID: #25028299
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