LILY Plan, Horizons at Summers Corner | 55+ : The Estates,Summerville,SC,29485

Investment Highlights

Investment property for sale in Summerville at LILY Plan, Horizons at Summers Corner | 55+: The Estates, Summerville, SC, 29485 listed at $450,500 pairs $2,980/mo rent with a $2,205/mo payment to leave $298/mo cash flow. Total monthly income runs $2,980/mo, and annual cash flow reaches $3,579/yr on $149,341 cash to close. Return on cash invested measures 22.31% in year one, and rental yield registers 7.94% at a $450,500 basis. Equity gained on principal adds $2,907/yr, and annual property appreciation at 5% supports $124,465 by year five. Five-year ROI tracks 115.4% and total cumulative return in cash totals $172,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,980/mo property income relative to a $2,205/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).