614 Hilchot Dr,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at 614 Hilchot Dr, Summerville, SC, 29486 priced at $289,900 pairs $2,592/mo rent with $866/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,592/mo, and annual cash flow comes to $10,394/yr on $96,102 invested. Return on cash invested is 30.72% in year one, and rental yield stands at 10.73% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 160.58% and total cumulative return in cash reaches $154,317. For financing, Ziffy Mortgage’s DSCR program evaluates $2,592/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.