1384 Tom Charles RdSummertonSC29148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Summerton at 1384 Tom Charles Rd, Summerton, SC, 29148 earns $2,255/mo cash flow from $3,445/mo rent with a $978/mo payment. Total monthly income totals $3,445/mo, and annual cash flow totals $27,065/yr on $66,267 capital. ROI tracks 60.75% on current figures, and rental yield reads 20.68% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 321.59% and total cumulative return in cash sums $213,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,445/mo property income instead of your personal income.
Single Family
Built in 1989
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29148, Summerton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,130 (55.1%) |
| Renter Occupied HU | 506 (13.1%) |
| Vacant Housing Units | 1,229 (31.8%) |
| Median Home Value | $180,714 |
| Average Home Value | $240,898 |
Housing Distribution
Address Breakdown
Residential
3,091
Single Family
2,967
Multi-Family
124
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Cook • Jeff Cook Real Est LPT Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #585629
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC