613 Ravens Wood Rd

Summerville, SC 29486
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6 bd, 4 ba | 2,872 sqft | Built in 2013

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List Price
$381,500

Initial Investment

$103,959

Purchase Price

$381,500

Down Payment

25%

Rent

$3,310

Total Return

$189,227

Annualized Return

25.0%

Cap Rate

7.4%

Gross Yield

10.4%

Cash Flow

$6,685

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,405

HOA

$15/mo

Flood Risk

Not Required

Ready to save money? There is an assumable VA loan at 2.75%. Beautifully renovated home, located only 1 mile away from the interstate for easy access. There is a new inground sprinkler system, new rescreened back enclosed patio, new roof in 2022. Inside of the home has been fully painted, brand new carpets, updated appliances with a ''double oven'' all appliances including washer and dryer stay with the home. Laminate wood flooring downstairs, granite counters, propane fireplace, master bedroom and full bath are located downstairs. All blinds stay with the home, all bedrooms have walk in closets, living room also has wainscoting on the walls. Did I mention all brand new carpet throughout the home and tons of garage shelving and storage.bedroom also can be used as a large media room ora bedroom with a walk in closets. Come take a look at the great house today !

See more in Analysis
Joe Porter
Auben Realty, LLC
SC Agent License #70601

Annual Financial Highlights

Expected Rent

$37,734

Expenses

-$6,858

Property Taxes

-$3,450

Loan Payments

-$20,740

Net Cash Flow

$6,685

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Jason Husted
Agent License 100085
The Husted Team powered by Keller Williams
Certified Agent Brokerage:Joe Porter
Auben Realty, LLC
SC Brokerage License 19231
SourceCHS Regional MLS
MLS #25010396
Last Updated: 04/15/2025 21:04
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