108 Wakefield RdIvaSC29655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Iva at 108 Wakefield Rd, Iva, SC, 29655 at $245,900 posts ROI 20.85% with $64/mo cash flow from $1,528/mo rent. Total monthly income equals $1,528/mo, and annual cash flow records $765/yr on $81,516 to close. Return on cash invested measures 20.85% and rental yield reads 7.46% at the current $245,900. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,938 by year five. Five-year ROI prints 107.56% and total cumulative return in cash totals $87,679.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,528/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1995
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29655, Iva, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,672 (69.8%) |
| Renter Occupied HU | 545 (14.2%) |
| Vacant Housing Units | 611 (16.0%) |
| Median Home Value | $245,907 |
| Average Home Value | $344,771 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,091
Multi-Family
20
Businesses
116
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Listed by: Robin Smith • BHHS C Dan Joyner - Anderson
Mls Name: WUMLS
Mls ID: #20293156