1606 Summerland DrCayceSC29033
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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 Cayce at 1606 Summerland Dr, Cayce, SC, 29033 generates $1,870/mo in rent and, after a $1,057/mo payment, leaves $584/mo in cash flow. Total monthly income is $1,870/mo, and annual cash flow is $7,013/yr on $71,604 invested. Return on cash invested sits at 29.7% in year one, and rental yield is 10.39% on a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 155.07% and total cumulative return in cash sums $111,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
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Listed by: Jeff Cook • Jeff Cook Real Est LPT Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609552
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC