5 Lake Shore DrIvaSC29655
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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 Iva at 5 Lake Shore Dr, Iva, SC, 29655 earns from $1,176/mo rent with a $1,224/mo payment. Total monthly income totals $1,176/mo. ROI tracks 15.38% on current figures, and rental yield reads 5.64% at a $249,999 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 78.29% and total cumulative return in cash sums $64,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,176/mo property income instead of your personal income.
Manufactured
Built in 1996
5 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: Casey Shugart • Adly Group Realty
Mls Name: WUMLS
Mls ID: #20296391