511 Pointe Of Oaks RdSummervilleSC29485
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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 511 Pointe Of Oaks Rd, Summerville, SC, 29485 offers $2,596/mo rent that, after a $1,789/mo payment, leaves $420/mo cash flow. Total monthly income is $2,596/mo, and annual cash flow is $5,042/yr on $121,163 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 8.52% at a $365,500 entry. Equity gained on principal adds $2,359/yr while 5% annual appreciation compounds into $100,981 by year five. Five-year ROI records 124.88% and total cumulative return in cash reaches $151,304. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,596/mo property income versus a $1,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,018 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 • Keller Williams Realty Charleston
Mls Name: CTMLS
Mls Provider:
Mls ID: #25001408
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.