1686 Eider Down DrSummervilleSC29483
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 1686 Eider Down Dr, Summerville, SC, 29483 earns $262/mo cash flow from $2,123/mo rent with a $1,530/mo payment. Total monthly income totals $2,123/mo, and annual cash flow totals $3,147/yr on $103,594 capital. ROI tracks 22.95% on current figures, and rental yield reads 8.15% at a $312,500 purchase. Equity gained on principal adds $2,017/yr, and 5% annual appreciation supports $86,338 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash sums $123,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,123/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25022293