408 Northern Red Oak Dr,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at 408 Northern Red Oak Dr, Summerville, SC, 29486 uses $152,490 cash to close to unlock $11,858/yr annual cash flow and $988/mo monthly cash flow. Total monthly income runs $3,726/mo, and a $2,251/mo payment keeps the spread at $988/mo. Purchase price stands at $460,000, and rental yield measures 9.72% with $3,726/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 144.25% and total cumulative return in cash records $219,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,726/mo property income covering a $2,251/mo payment rather than investor’s personal income.