121 Cove View DrIrmoSC29063
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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 Cove View Dr, Irmo, SC, 29063 priced at $1,045,000 pairs $3,636/mo rent with after a $5,115/mo payment. Total monthly income equals $3,636/mo. Return on cash invested is 11.21% in year one, and rental yield stands at 4.18% on a $1,045,000 basis. Equity gained on principal adds $6,743/yr, and 5% annual appreciation accumulates to $288,714 by year five. Five-year ROI measures 55.78% and total cumulative return in cash reaches $188,852. For financing, Ziffy Mortgage’s DSCR program evaluates $3,636/mo property income against a $5,115/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.60 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: Tiffany J Smith • W Realty
Mls Name: Consolidated MLS
Mls ID: #616932