403 N Commodore WaySummervilleSC29483
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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
Investment property for sale in Summerville at 403 N Commodore Way, Summerville, SC, 29483 earns $263/mo cash flow from $2,704/mo rent with a $2,007/mo payment. Total monthly income totals $2,704/mo, and annual cash flow totals $3,157/yr on $135,915 capital. ROI tracks 22.23% on current figures, and rental yield reads 7.91% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash sums $156,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,704/mo property income instead of your personal income.
Single Family
Built in 2020
4,791 sqft 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: N/A • McConnell Real Estate Partners
Mls Name: CTMLS
Mls Provider:
Mls ID: #26001427
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.