383 Island Green LnInmanSC29349
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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 Inman at 383 Island Green Ln, Inman, SC, 29349 priced at $997,000 converts $4,470/mo rent into after a $4,880/mo obligation. Total monthly income equals $4,470/mo. Return on cash invested prints 14.7% in year one, and rental yield reads 5.38% against a $997,000 entry. Equity gained on principal adds $6,433/yr, while 5% annual appreciation compiles into $275,453 by year five. Five-year ROI reaches 74.55% and total cumulative return in cash sums $244,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,470/mo property income covering a $4,880/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Emilee Mosso • Century 21 Blackwell & Co
Mls Name: SAR
Mls ID: #329198