418 Whitewater DrIrmoSC29063
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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 418 Whitewater Dr, Irmo, SC, 29063 uses $76,245 cash to close to unlock $9,197/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,126/mo payment keeps the spread at $766/mo. Purchase price stands at $230,000, and rental yield measures 11.3% with $2,165/mo rent. Return on cash invested shows 31.97% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 167.41% and total cumulative return in cash records $127,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,840 sqft lot
$N/A/sqft
$350 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: Nick Huscroft • Chosen Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606021
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC