142 Golfview LaneSummervilleSC29485
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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 142 Golfview Lane, Summerville, SC, 29485 priced at $299,000 pairs $2,396/mo rent with $617/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,396/mo, and annual cash flow comes to $7,399/yr on $99,119 invested. Return on cash invested is 27.37% in year one, and rental yield stands at 9.62% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 142.57% and total cumulative return in cash reaches $141,310. For financing, Ziffy Mortgage’s DSCR program evaluates $2,396/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2006
435.60 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 ID: #25022696