450 Iva RdNorthSC29112
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Nearby investment properties with comparable prices
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 North at 450 Iva Rd, North, SC, 29112 offers a 9.56% rental yield on a $200,000 purchase with $1,594/mo rent. Total monthly income registers $1,594/mo, and a $979/mo payment leaves $403/mo available for distribution. Annual cash flow reaches $4,840/yr on $66,300 to close, and return on cash invested stands at 27.21% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 141.73% and total cumulative return in cash at $93,968. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,594/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29112, North, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,195 (100%) |
| Owner Occupied HU | 1,494 (68.1%) |
| Renter Occupied HU | 345 (15.7%) |
| Vacant Housing Units | 356 (16.2%) |
| Median Home Value | $113,214 |
| Average Home Value | $177,620 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,765
Multi-Family
20
Businesses
91
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Listed by: Jennifer Carawan • TruHome Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #602373
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC