412 N Cobia CtIrmoSC29063
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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 Irmo at 412 N Cobia Ct, Irmo, SC, 29063 listed at $320,000 pairs $2,213/mo rent with a $1,566/mo payment to leave $255/mo cash flow. Total monthly income runs $2,213/mo, and annual cash flow reaches $3,055/yr on $106,080 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 8.3% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 118.2% and total cumulative return in cash totals $125,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,213/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
$645 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: Anthony Ton • Keller Williams Palmetto
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609770
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC