111 Simpson StIvaSC29655
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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 Iva at 111 Simpson St, Iva, SC, 29655 at $237,000 posts ROI 13.02% with from $960/mo rent. Total monthly income equals $960/mo. Return on cash invested measures 13.02% and rental yield reads 4.86% at the current $237,000. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 by year five. Five-year ROI prints 65.66% and total cumulative return in cash totals $51,584. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.57 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: Jennifer Elgin • Realty One Group Freedom (Ande
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1538307
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.