204 Honey Horn Dr,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at 204 Honey Horn Dr, Summerville, SC, 29486 listed at $449,890 pairs $3,150/mo rent with a $2,202/mo payment to leave $472/mo cash flow. Total monthly income runs $3,150/mo, and annual cash flow reaches $5,662/yr on $149,139 cash to close. Return on cash invested measures 23.71% in year one, and rental yield registers 8.4% at a $449,890 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,296 by year five. Five-year ROI tracks 122.88% and total cumulative return in cash totals $183,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,150/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).