112 Purdy RdIvaSC29655
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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 112 Purdy Rd, Iva, SC, 29655 listed at $258,000 pairs $960/mo rent with a $1,263/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 11.83% in year one, and rental yield registers 4.47% at a $258,000 basis. Equity gained on principal adds $1,665/yr, and annual property appreciation at 5% supports $71,281 by year five. Five-year ROI tracks 59.18% and total cumulative return in cash totals $50,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $1,263/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
N/A 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: Stephanie Burton • Coldwell Banker Realty (Fort Mill)
Mls Name: WUMLS
Mls ID: #20296723