218 Whitewater DrIrmoSC29063
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
Rental property for sale in Irmo at 218 Whitewater Dr, Irmo, SC, 29063 generates $2,167/mo in rent and, after a $1,202/mo payment, leaves $676/mo in cash flow. Total monthly income is $2,167/mo, and annual cash flow is $8,112/yr on $81,383 invested. Return on cash invested sits at 29.88% in year one, and rental yield is 10.59% on a $245,500 entry. Equity gained on principal adds $1,584/yr, while 5% annual appreciation builds toward $67,827 over five years. Five-year ROI reaches 156.21% and total cumulative return in cash sums $127,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,167/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
$350 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: Pamela Daniels • eXp Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #594449
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC