238 W Turner StSummervilleSC29483
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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
Rental property for sale in Summerville at 238 W Turner St, Summerville, SC, 29483 priced at $317,000 pairs $2,338/mo rent with $451/mo cash flow after a $1,552/mo payment. Total monthly income equals $2,338/mo, and annual cash flow comes to $5,406/yr on $105,086 invested. Return on cash invested is 25.05% in year one, and rental yield stands at 8.85% on a $317,000 basis. Equity gained on principal adds $2,046/yr, and 5% annual appreciation accumulates to $87,581 by year five. Five-year ROI measures 130.14% and total cumulative return in cash reaches $136,761. For financing, Ziffy Mortgage’s DSCR program evaluates $2,338/mo property income against a $1,552/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.49 Acres 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: Christina M Bennett • Carolina One Real Estate
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #192731
Disclaimer: 2025 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.