202 Honey Horn Dr,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at 202 Honey Horn Dr, Summerville, SC, 29486 listed at $475,000 pairs $3,352/mo rent with a $2,325/mo payment to leave $524/mo cash flow. Total monthly income runs $3,352/mo, and annual cash flow reaches $6,292/yr on $157,463 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 8.47% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 123.97% and total cumulative return in cash totals $195,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,352/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).