200 Firewheel Ct,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at 200 Firewheel Ct, Summerville, SC, 29486 offers $2,798/mo rent that, after a $1,689/mo payment, leaves $744/mo cash flow. Total monthly income is $2,798/mo, and annual cash flow is $8,927/yr on $114,368 cash. Return on cash invested measures 27.71% in year one, and rental yield stands at 9.73% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 144.38% and total cumulative return in cash reaches $165,124. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,798/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.