114 Simpson StIvaSC29655
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 114 Simpson St, Iva, SC, 29655 earns $148/mo cash flow from $954/mo rent with a $663/mo payment. Total monthly income totals $954/mo, and annual cash flow totals $1,771/yr on $44,918 capital. ROI tracks 23.85% on current figures, and rental yield reads 8.45% at a $135,500 purchase. Equity gained on principal adds $874/yr, and 5% annual appreciation supports $37,436 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash sums $55,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $954/mo property income instead of your personal income.
Single Family
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Poole • Navigate Realty
Mls Name: WUMLS
Mls ID: #20295120