724 Ridgley Dr,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at 724 Ridgley Dr, Summerville, SC, 29486 listed at $269,790 pairs $1,916/mo rent with a $1,320/mo payment to leave $310/mo cash flow. Total monthly income runs $1,916/mo, and annual cash flow reaches $3,726/yr on $89,435 cash to close. Return on cash invested measures 24.07% in year one, and rental yield registers 8.52% at a $269,790 basis. Equity gained on principal adds $1,741/yr, and annual property appreciation at 5% supports $74,538 by year five. Five-year ROI tracks 124.88% and total cumulative return in cash totals $111,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,916/mo property income relative to a $1,320/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).