121 Caddis Creek 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
Rental property for sale in Irmo at 121 Caddis Creek Rd, Irmo, SC, 29063 priced at $200,000 pairs $2,080/mo rent with $878/mo cash flow after a $979/mo payment. Total monthly income equals $2,080/mo, and annual cash flow comes to $10,540/yr on $66,300 invested. Return on cash invested is 35.81% in year one, and rental yield stands at 12.48% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 187.9% and total cumulative return in cash reaches $124,580. For financing, Ziffy Mortgage’s DSCR program evaluates $2,080/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
$11 monthly 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: N/A • N/A
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