40 Bomar StInmanSC29349
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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 Inman at 40 Bomar St, Inman, SC, 29349 uses $71,273 cash to close to unlock $6,774/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $1,052/mo payment keeps the spread at $564/mo. Purchase price stands at $215,000, and rental yield measures 10.29% with $1,844/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash records $109,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2020
8,712 sqft 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: Hannah Shires • EXP Realty LLC
Mls Name: SAR
Mls ID: #327785