219 Colnbrook 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
Rental property for sale in Irmo at 219 Colnbrook Rd, Irmo, SC, 29063 priced at $307,000 pairs $2,166/mo rent with $338/mo cash flow after a $1,503/mo payment. Total monthly income equals $2,166/mo, and annual cash flow comes to $4,057/yr on $101,771 invested. Return on cash invested is 23.9% in year one, and rental yield stands at 8.47% on a $307,000 basis. Equity gained on principal adds $1,981/yr, and 5% annual appreciation accumulates to $84,818 by year five. Five-year ROI measures 123.95% and total cumulative return in cash reaches $126,146. For financing, Ziffy Mortgage’s DSCR program evaluates $2,166/mo property income against a $1,503/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.25 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: Sandra M Durham • Realty One Group Redefined
Mls Name: Consolidated MLS
Mls ID: #617919