1642 Eider Down DrSummervilleSC29483
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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 Summerville at 1642 Eider Down Dr, Summerville, SC, 29483 earns $102/mo cash flow from $2,239/mo rent with a $1,757/mo payment. Total monthly income totals $2,239/mo, and annual cash flow totals $1,225/yr on $119,009 capital. ROI tracks 20.94% on current figures, and rental yield reads 7.48% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash sums $128,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,239/mo property income instead of your personal income.
Single Family
Built in 2015
4,791 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 • Carolina Elite Real Estate
Mls Name: CTMLS
Mls ID: #26000858