512 Gallatin CirIrmoSC29063
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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 Irmo at 512 Gallatin Cir, Irmo, SC, 29063 offers $2,215/mo rent that, after a $1,150/mo payment, leaves $816/mo cash flow. Total monthly income is $2,215/mo, and annual cash flow is $9,796/yr on $77,903 cash. Return on cash invested measures 32.48% in year one, and rental yield stands at 11.31% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 170.02% and total cumulative return in cash reaches $132,448. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,215/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No 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: Nima Sherpa • Real Broker LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605550
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC