231 Chapelwhite RdIrmoSC29063
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 231 Chapelwhite Rd, Irmo, SC, 29063 priced at $220,000 converts $1,986/mo rent into $676/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,986/mo, and annual cash flow totals $8,114/yr on $72,930 invested. Return on cash invested prints 31.03% in year one, and rental yield reads 10.83% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 162.25% and total cumulative return in cash sums $118,331. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruslan Roberts • Keller Williams Preferred
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598596
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC