Stanwyck Plan, K. Hovnanian's® Four Seasons at Lakes of Cane Bay,Summerville,SC,29486

Investment Highlights

Rental property for sale in Summerville at Stanwyck Plan, K. Hovnanian's® Four Seasons at Lakes of Cane Bay, Summerville, SC, 29486 offers $2,952/mo rent that, after a $2,526/mo payment. Total monthly income is $2,952/mo. Return on cash invested measures 19.21% in year one, and rental yield stands at 6.87% at a $515,990 entry. Equity gained on principal adds $3,330/yr while 5% annual appreciation compounds into $142,559 by year five. Five-year ROI records 98.74% and total cumulative return in cash reaches $167,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,952/mo property income versus a $2,526/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.