305 Placid 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
Investment property for sale in Irmo at 305 Placid Dr, Irmo, SC, 29063 at $355,000 posts ROI 30.08% with $998/mo cash flow from $3,143/mo rent. Total monthly income equals $3,143/mo, and annual cash flow records $11,972/yr on $117,683 to close. Return on cash invested measures 30.08% and rental yield reads 10.62% at the current $355,000. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 157.22% and total cumulative return in cash totals $185,016.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,143/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
4,791 sqft lot
$N/A/sqft
$380 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
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Listed by: James A Berry • Vylla Home, Inc.
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #602325
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC