140 Blue Jasmine LnSummervilleSC29483
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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 140 Blue Jasmine Ln, Summerville, SC, 29483 priced at $318,000 converts $2,608/mo rent into $715/mo cash flow after a $1,556/mo obligation. Total monthly income equals $2,608/mo, and annual cash flow totals $8,585/yr on $105,417 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 9.84% against a $318,000 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation compiles into $87,858 by year five. Five-year ROI reaches 146.23% and total cumulative return in cash sums $154,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,608/mo property income covering a $1,556/mo payment, not borrower’s personal income.
Single Family
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29483, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,167 (100%) |
| Owner Occupied HU | 17,077 (70.7%) |
| Renter Occupied HU | 5,575 (23.1%) |
| Vacant Housing Units | 1,515 ( 6.3%) |
| Median Home Value | $357,966 |
| Average Home Value | $397,078 |
Housing Distribution
Address Breakdown
Residential
24,771
Single Family
22,687
Multi-Family
2,084
Businesses
1,480
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Listed by: N/A • Horne Realty, LLC
Mls Name: CTMLS
Mls ID: #25025002