3030 Smith McGee RdIvaSC29655
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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 Iva at 3030 Smith McGee Rd, Iva, SC, 29655 earns from $960/mo rent with a $1,738/mo payment. Total monthly income totals $960/mo. ROI tracks 8.14% on current figures, and rental yield reads 3.25% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 39.47% and total cumulative return in cash sums $46,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in N/A
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29655, Iva, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,828 (100%) |
| Owner Occupied HU | 2,672 (69.8%) |
| Renter Occupied HU | 545 (14.2%) |
| Vacant Housing Units | 611 (16.0%) |
| Median Home Value | $245,907 |
| Average Home Value | $344,771 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,091
Multi-Family
20
Businesses
116
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Listed by: Crystal and Caitlin • Brand Name Real Estate Upstate
Mls Name: WUMLS
Mls ID: #20296569