404 Camel 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
Rental property for sale in Iva at 404 Camel Rd, Iva, SC, 29655 priced at $399,000 pairs $2,272/mo rent with after a $1,953/mo payment. Total monthly income equals $2,272/mo. Return on cash invested is 18.97% in year one, and rental yield stands at 6.83% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 97.51% and total cumulative return in cash reaches $128,978. For financing, Ziffy Mortgage’s DSCR program evaluates $2,272/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
0.43 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: Lynn Blanton • Keller Williams Greenwood
Mls Name: WUMLS
Mls ID: #20294598