148 Park Place 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 148 Park Place Dr, Irmo, SC, 29063 priced at $230,000 pairs $1,645/mo rent with $276/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,645/mo, and annual cash flow comes to $3,307/yr on $76,245 invested. Return on cash invested is 24.25% in year one, and rental yield stands at 8.58% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 125.82% and total cumulative return in cash reaches $95,935. For financing, Ziffy Mortgage’s DSCR program evaluates $1,645/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
10,018 sqft 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: Sarah Gunter • Home Advantage Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #596565
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC