113 Bascomb DrIvaSC29655
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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 113 Bascomb Dr, Iva, SC, 29655 with 5% annual appreciation on a $199,900 basis while $1,664/mo rent supports operations. Total monthly income totals $1,664/mo and a $978/mo payment preserves $474/mo for cash returns. Annual cash flow comes to $5,693/yr on $66,267 deployed, and return on cash invested reaches 28.5% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.99%. Five-year ROI measures 148.64% and total cumulative return in cash totals $98,497.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,664/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
0.96 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: David Phillips • Silver Star Real Estate
Mls Name: WUMLS
Mls ID: #20288430