Magellan Plan, Pender Woods at Cane Bay,Summerville,SC,29486

Investment Highlights

Investment property for sale in Summerville at Magellan Plan, Pender Woods at Cane Bay, Summerville, SC, 29486 at $387,990 posts ROI 27.04% with $764/mo cash flow from $3,074/mo rent. Total monthly income equals $3,074/mo, and annual cash flow records $9,172/yr on $128,619 to close. Return on cash invested measures 27.04% and rental yield reads 9.51% at the current $387,990. Equity gained on principal adds $2,504/yr, and 5% annual appreciation supports $107,194 by year five. Five-year ROI prints 140.79% and total cumulative return in cash totals $181,081.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,074/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).