256 Fiddleback Dr,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at 256 Fiddleback Dr, Summerville, SC, 29486 offers a 8.08% rental yield on a $669,000 purchase with $4,507/mo rent. Total monthly income registers $4,507/mo, and a $3,274/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,300/yr on $220,101 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $4,317/yr while 5% annual appreciation supports $184,832 over five years. Portfolio math shows five-year ROI at 118.65% and total cumulative return in cash at $261,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,507/mo property income against a $3,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.