113 Sonning RdIrmoSC29063
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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 113 Sonning Rd, Irmo, SC, 29063 with 5% annual appreciation on a $299,999 basis while $1,989/mo rent supports operations. Total monthly income totals $1,989/mo and a $1,468/mo payment preserves $204/mo for cash returns. Annual cash flow comes to $2,442/yr on $99,450 deployed, and return on cash invested reaches 22.36% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 7.96%. Five-year ROI measures 115.72% and total cumulative return in cash totals $115,080.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,989/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.32 Acres 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: Ralph Harvey • ListWithFreedom.com Inc
Mls Name: Consolidated MLS
Mls ID: #623319