1449 Waters Edge DrSummertonSC29148
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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 Summerton at 1449 Waters Edge Dr, Summerton, SC, 29148 listed at $649,000 pairs $1,110/mo rent with a $3,177/mo payment. Total monthly income runs $1,110/mo. Return on cash invested measures 4.58% in year one, and rental yield registers 2.05% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 20.33% and total cumulative return in cash totals $43,416. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.25 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
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Listed by: N/A • ERA Wilder Realty Inc.
Mls Name: CTMLS
Mls ID: #25029002