1004 Kingston Village LoopIrmoSC29063
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Irmo at 1004 Kingston Village Loop, Irmo, SC, 29063 uses $74,588 cash to close to unlock $9,515/yr annual cash flow and $793/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $1,101/mo payment keeps the spread at $793/mo. Purchase price stands at $225,000, and rental yield measures 11.37% with $2,132/mo rent. Return on cash invested shows 32.67% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 170.95% and total cumulative return in cash records $127,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2011
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29063, Irmo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,409 (100%) |
| Owner Occupied HU | 12,745 (82.7%) |
| Renter Occupied HU | 2,104 (13.7%) |
| Vacant Housing Units | 560 ( 3.6%) |
| Median Home Value | $273,754 |
| Average Home Value | $346,566 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
13,901
Multi-Family
1,177
Businesses
1,354
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Listed by: Hannah Norman • Real Broker LLC
Mls Name: Consolidated MLS
Mls ID: #616226