17 Rainbows End CtIrmoSC29063
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 Irmo at 17 Rainbows End Ct, Irmo, SC, 29063 uses $143,175 cash to close to unlock $10,963/yr annual cash flow and $914/mo monthly cash flow. Total monthly income runs $3,518/mo, and a $2,114/mo payment keeps the spread at $914/mo. Purchase price stands at $431,900, and rental yield measures 9.77% with $3,518/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $119,326 over five years. Five-year ROI reaches 143.7% and total cumulative return in cash records $205,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,518/mo property income covering a $2,114/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.38 Acres lot
$N/A/sqft
$400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanda Del Rossi • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598568
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC