204 River Song 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
Investment property for sale in Irmo at 204 River Song Rd, Irmo, SC, 29063 offers a 13.6% rental yield on a $150,000 purchase with $1,700/mo rent. Total monthly income registers $1,700/mo, and a $734/mo payment leaves $807/mo available for distribution. Annual cash flow reaches $9,687/yr on $49,725 to close, and return on cash invested stands at 39.39% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 207.07% and total cumulative return in cash at $102,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
9,583 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: Stephen Casselman • eXp Realty LLC
Mls Name: Consolidated MLS
Mls ID: #623907