502 Cropfield DrSummervilleSC29485
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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 502 Cropfield Dr, Summerville, SC, 29485 offers a 7.52% rental yield on a $496,815 purchase with $3,112/mo rent. Total monthly income registers $3,112/mo, and a $2,432/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,850/yr on $164,694 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $3,206/yr while 5% annual appreciation supports $137,261 over five years. Portfolio math shows five-year ROI at 108.57% and total cumulative return in cash at $178,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,112/mo property income against a $2,432/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29485, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,770 (100%) |
| Owner Occupied HU | 18,311 (71.1%) |
| Renter Occupied HU | 6,119 (23.7%) |
| Vacant Housing Units | 1,340 ( 5.2%) |
| Median Home Value | $347,407 |
| Average Home Value | $367,799 |
Housing Distribution
Address Breakdown
Residential
25,243
Single Family
22,192
Multi-Family
3,051
Businesses
1,103
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Listed by: N/A • Lennar Sales Corp.
Mls Name: CTMLS
Mls ID: #25032212