Riley Plan, North Creek,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at Riley Plan, North Creek, Summerville, SC, 29486 offers $3,260/mo rent that, after a $2,254/mo payment, leaves $519/mo cash flow. Total monthly income is $3,260/mo, and annual cash flow is $6,224/yr on $152,656 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 8.5% at a $460,500 entry. Equity gained on principal adds $2,972/yr while 5% annual appreciation compounds into $127,228 by year five. Five-year ROI records 124.39% and total cumulative return in cash reaches $189,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,260/mo property income versus a $2,254/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.