318 Sweet Thorne 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 318 Sweet Thorne Rd, Irmo, SC, 29063 generates $2,039/mo in rent and, after a $1,133/mo payment, leaves $661/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $7,932/yr on $76,742 invested. Return on cash invested sits at 30.24% in year one, and rental yield is 10.57% on a $231,500 entry. Equity gained on principal adds $1,494/yr, while 5% annual appreciation builds toward $63,959 over five years. Five-year ROI reaches 157.94% and total cumulative return in cash sums $121,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
7,840 sqft 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: Marcus Watterson • eXp Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #591543
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC