143 Spencer CirSummervilleSC29485
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 Summerville at 143 Spencer Cir, Summerville, SC, 29485 with 5% annual appreciation on a $293,900 basis while $2,678/mo rent supports operations. Total monthly income totals $2,678/mo and a $1,438/mo payment preserves $929/mo for cash returns. Annual cash flow comes to $11,148/yr on $97,428 deployed, and return on cash invested reaches 31.35% in year one. Equity gained on principal adds $1,896/yr, and five-year appreciation sums $81,199 alongside rental yield of 10.93%. Five-year ROI measures 163.88% and total cumulative return in cash totals $159,665.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,678/mo property income versus a $1,438/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Bright City LLC
Mls Name: CTMLS
Mls ID: #26000679